Studio for sale

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Studio for sale

Cecil Road, Bournemouth BH5
£90,000

Price History

Initial price £95,000
10/09/24 £90,000
Price Change -5.26%

Description

This first-floor studio apartment is being sold as an investment property with a tenant in situ, generating a rental income of £462 per month and an approximate yield of nearly 6%. The studio apartment features an open-plan lounge/kitchen/bedroom and separate shower room, and benefits from a residents' parking permit, gas central heating, and well-maintained communal grounds. With a lease remaining of 152 years and no ground rent, this property offers a stable and lucrative investment opportunity. Located close to Boscombe high street and beaches, the property is also within walking distance of local shops, restaurants, and bars, as well as public transport links.