Studio flat for sale

>

Studio flat for sale

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.