Studio flat for sale

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Studio flat for sale

Edmondsham House, Terrace Road, Bournemouth, Dorset, BH2
£87,000

Price History

Initial price £97,500
23/07/24 £92,000
20/08/24 £87,000
Price Change -10.77%

Description

This studio apartment is located in a town centre development, within walking distance of Bournemouth's beaches, leisure complex, and various shops, bars, and restaurants. The property is available for investors, offering a gross yield of approximately 8%. The apartment is held on a leasehold basis, with approximately 106 years remaining on the lease, and comes with a service charge of around £1,566 per annum and a ground rent of £100 per annum.