Knyveton Road, Bournemouth BH1 Studio for sale

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Knyveton Road, Bournemouth BH1 Studio for sale

Knyveton Road, Bournemouth BH1
£85,000

Our Summary

  • BUY TO LET/INVESTMENT OPPORTUNITY

Description

This ground floor studio apartment is being sold as an investment property with a tenant in situ, generating a rental income of £700 per month with an approximate yield of 7%. The property features an open-plan lounge/kitchen/bedroom, separate shower room, and a mezzanine area ideal for storage or conversion to a sleeping area. It also comes with a storage room and a residents parking permit. The property is located close to Bournemouth town centre and beaches, with local shops, restaurants, and bars nearby, as well as transport links including bus routes and Bournemouth train station within a mile. The property is held on a share of freehold with a lease remaining of 956 years, and the service charge of approximately £2400 per annum includes buildings insurance and water rates.