Castle Lane West, Bournemouth BH9 2 bed flat for sale

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Castle Lane West, Bournemouth BH9 2 bed flat for sale

Castle Lane West, Bournemouth BH9
£160,000

Price History

Initial price £170,000
04/04/25 £160,000
Price Change -5.88%

Description

This first-floor apartment offers an attractive investment opportunity with a lease term of 124 years remaining and a remarkable rental yield of 7.5%. The property boasts a bright and spacious interior with two generously proportioned bedrooms, modern kitchen appliances, and gas central heating. The property is conveniently located near local amenities, public transport links, and recreational facilities, making it an excellent choice for professionals or investors seeking a lucrative return on investment. The option to purchase with tenants in situ is also available, providing immediate rental income upon acquisition. Additionally, the property permits holiday lets, offering the potential for short-term rental opportunities and increased income streams. With a service charge of £850 per annum, the property's maintenance and upkeep are taken care of, ensuring a pleasant living environment for residents. Overall, this property presents a compelling opportunity for those seeking a sound financial investment with the potential for diverse rental options.