Initial price	£120,000
10/09/24	£110,000
16/11/24	£100,000
30/04/25	£85,000
19/09/25	£75,000
Price Change	-37.50%

This ground floor studio apartment is being sold as an investment property with a tenant already in situ, generating a rental income of £750 per month with an approximate yield of 12%. The property features an open-plan lounge/kitchen/bedroom, separate shower room, and a mezzanine area that can be used for storage or converted into a sleeping area. Additionally, it comes with a separate storage room and benefits from residents' parking, gas central heating, and well-maintained communal grounds. The property is located close to Bournemouth town centre and beaches, with local shops, restaurants, and bars nearby, as well as easy access to public transport and Bournemouth train station. The property is held on a share of freehold with a remaining lease of 956 years and an annual service charge of approximately £2,400, which includes buildings insurance and water rates.