This property has been taken off the market.

12 Bed Flat For Sale Surrey Road, Bournemouth, BH4

£1,450,000- Flat

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Last Updated: 19th March 2024

Description

UNBROKEN FREEHOLD INVESTMENT COMPRISING SIX 2 BEDROOM PURPOSE BUILT FLATS EACH WITH A BALCONY AND FOUR LOCK UP GARAGES. LOCATED IN A POPULAR RESIDENTIAL ROAD CLOSE TO BOTH BOURNEMOUTH & WESTBOURNE SHOPPING CENTRES.

\rCurrently let on ASTs as follows:

Flat 1 £1,150 pcm
Flat 2 £1,200 pcm
Flat 3 £1,200 pcm
Flat 4 £1,100 pcm
Flat 5 currently vacant
Flat 6 currently vacant

Each tenancy has the right to park one car on the forecourt area.

The four individual garages are currently used by the seller for storage and are not included in the assured shorthold tenancies. The garages potentially offer an opportunity to create an additional flat subject to planning permission or an additional stream of income if rented as garages.

Fully let the six flats produce approximately £82,000 per annum with potential to generate additional income from the four garages.

Each flat has an EPC band C and all are Council Tax band B.
Agent Details
Frost & Co Estate Agents
20, Poole Hill, Bournemouth, BH2 5PS
Show Contact Number
01202 311 888

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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