3 bedroom apartment for sale

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3 bedroom apartment for sale

Horace Road, Bournemouth, Dorset, BH5
£190,000

Price History

Initial price £200,000
15/03/25 £190,000
Price Change -5.00%

Description

This superb three-bedroom apartment is in excellent condition throughout, featuring a modern fitted kitchen, open-plan living area, and spacious accommodation. The property benefits from allocated parking, a security entry intercom system, gas central heating, and double glazing. Located just a 5-minute walk from the beach, it's an ideal investment opportunity. The asking price is over £190,000, with a current rental income of £1,200 per month (£14,400 per annum), resulting in a gross yield of 7.6%. Service charges and ground rent are minimal, and the property is self-managed by the current landlord. With a net yield of 6.8%, this apartment presents a lucrative investment opportunity for those looking to generate a steady income.