Choices Investments have negotiated exclusive prices on just four apartments from an experienced landlord that is looking to retire from property investing.
The apartments were built in 2006 and have been owned by the current owner since that time who has rented the properties with very few void periods over the years. There are 88 years remaining on the leases with ground rent charged at £250pa.
The property are within 0.5 miles from Kings Park Hospital and would be ideal to rent to doctors or nurses.
Floor plans, site plans and a full specification available upon request.
| Flat | Floor | Sqm | Beds | Current Market Value | Choices Client Price | Rental (pcm) | Rental Yield | ||
| 1 | Ground | 409 | One | £160,000 | £145,000 | £675 | 5.6% | ||
| 2 | Ground | 366 | One | £155,000 | £140,000 | £650 | 5.6% | ||
| 3 | First | 366 | One | £160,000 | £145,000 | £650 | 5.4% | ||
| 4 | First | 398 | One | £155,000 | £140,000 | £675 | 5.8% | ||
We anticipate strong demand for these properties and investors are advised to register their interest as quickly as possible.
Bournemouth is the largest town in Dorset with a population of around 180,000. Along with Poole to the west and Christchurch to the east, Bournemouth forms the South East Dorset conurbation which has a total population of over 465,000.
The properties are within walking distance of Pokesdown station and trains to Southampton take approximately 40 minutes. There is also easy access to A338.
Over the last 12 months, Bournemouth has seen house prices rise by approximately 5%, in line with the national average.
