Cecil Road, Bournemouth BH5 Studio for sale

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Cecil Road, Bournemouth BH5 Studio for sale

Cecil Road, Bournemouth BH5
£85,000

Price History

Initial price £95,000
10/09/24 £90,000
05/02/25 £85,000
Price Change -10.53%

Description

This first-floor studio apartment is being sold as an investment property, with a tenant already in situ, providing a rental income of £462 per month and a yield of nearly 6%. The property features an open-plan lounge, kitchen, and bedroom, as well as a separate shower room, and benefits from residents' parking, gas central heating, and well-maintained communal grounds. Located close to Boscombe high street and beaches, the property is within walking distance of local shops, restaurants, and bars, as well as public transport links, including a train station just under a mile away. The lease has 152 years remaining, with a service charge of £1,152 per annum and ground rent of £0 peppercorn.