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Investment Block of Flats in Desirable Location

Ref : LawsonRoad

Address :

Lawson Road, Parkstone, Poole, Dorset
BH12 3EH

Amenities :

Financial informations :

Price £ 1,100,000

Details :

Number of bedrooms 13

A Block of Flats consisting of 1 x 1 Bed, 4 x 2 Beds, 1 x 2 Bed Maisonette, & 1 x 2 Bed Penthouse. The Block is listed under one freehold title, and benefits from off road parking and electric gates. The current Landlord has recently had a rent review on the block as they have had a number of tenants who have been in situ for a number of years, without any rent reviews. The projected income per annum is £64,200 giving approximately 6% yield at the full asking price.

Fantastic Investment opportunity
Block of seven apartments
Off-road parking
Sold with freehold
Current rent: estimated £64,200 per annum - 6% Yield

The desirable area of Parkstone is an area between Bournemouth and Poole in Dorset and is conveniently serviced by Parkstone train station and local bus links.

Shops and local amenities are within walking distance along Ashley Road, which forms the boundary between Lower Parkstone and Upper Parkstone.

Upper Parkstone includes large areas of smaller artisan housing, the shopping district along Ashley Road and the parish church of St. John's, Heatherlands.

The properties are larger than Lower Parkstone and the views from this higher part of the suburb across Poole Harbour to the Purbeck Hills can be quite beautiful.

Tenure: Leasehold
Sold with freehold
Ground rent: tbc
Maintenance: tbc
Current rent: estimated £64,200 per annum - 6% Yield

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