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2 Yelverton Road, Bournemouth, 1 bed flat for sale
2 Yelverton Road, Bournemouth,
£58,500
2 Yelverton Road, Bournemouth,
£58,500
Our Summary
- Offered to cash purchasers only, this second floor town centre one bedroom apartment offers superb rental returns of 10%+ based on the current rental of £690pcm
- Further information -Lease years remaining - 71Ground Rent - £311Service Charges - £3180Council Tax - AEPC - DIMPORTANT INFORMATION - PLEASE READ -This property is being sold by conditional online auction
- private negotiated sale), the property will be sold via an online auction and at the end of the auction, the highest bidder and seller contractually commit to progress the sale (which remains subject to contract) within a specified period, giving both
Description
This second-floor town centre one-bedroom apartment is being sold to cash buyers only and offers a lucrative rental return of 10%+ based on the current rental income of £690 per month. The property, which is to be sold with a tenant in situ, has a rolling periodic tenancy with 71 years remaining on the lease. With some minor improvements, the property could potentially earn up to £750 per month in rental income. The apartment features a lounge, kitchen, bedroom, and bathroom, and is heated with gas. While it has single-glazed windows, it presents a great opportunity for a savvy investor to purchase a property with a strong rental yield.