Initial price	£120,000
10/09/24	£110,000
16/11/24	£100,000
Price Change	-16.67%

This ground floor studio apartment is located close to Bournemouth town centre and beaches, making it an attractive investment opportunity. The property is currently rented out for £700 per month, generating a 7% yield, and comes with a tenant in situ, providing immediate income. The studio features an open-plan lounge/kitchen/bedroom, separate shower room, and a mezzanine storage area or potential sleeping space. Additional benefits include a storage room, residents' parking permit, gas central heating, and well-maintained communal grounds. The property is held on a share of freehold with a remaining lease of 956 years, and the service charge covers buildings insurance and water rates. With its central location, proximity to local amenities, and transport links, this studio apartment presents a great opportunity for investors looking to generate a steady income.