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Studio flat for sale
Knyveton Road, Bournemouth
£75,000
Knyveton Road, Bournemouth
£75,000
Price History
Initial price | £120,000 |
10/09/24 | £110,000 |
18/11/24 | £100,000 |
14/01/25 | £90,000 |
01/05/25 | £85,000 |
08/07/25 | £80,000 |
03/09/25 | £75,000 |
Price Change | -37.50% |
Description
This is a ground floor studio apartment located in a prime position close to Bournemouth town centre and beaches, offering a buy-to-let/investment opportunity with a tenant already in situ. The studio apartment has an open plan lounge/kitchen/bedroom, separate shower room, and a mezzanine area perfect for storage or conversion to a sleeping area. The property also comes with a storage room and benefits from a residents parking permit, gas central heating, and well-maintained communal grounds. With a lease remaining of 956 years and a service charge of approximately £2400 per annum, this property offers a 12% yield and is currently fetching a rental income of £750 per calendar month. The property is situated in a convenient location, with local shops, restaurants, and bars nearby, as well as excellent transport links, including bus routes and Bournemouth train station just a short walk away.