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Studio for sale
Edmondsham House, Terrace Road, Bournemouth, Dorset, BH2
£87,000
Edmondsham House, Terrace Road, Bournemouth, Dorset, BH2
£87,000
Price History
Initial price | £97,500 |
24/07/24 | £92,000 |
22/08/24 | £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 a range of shops, bars, and restaurants. The property is leasehold, with approximately 106 years remaining on the lease, and offers a gross yield of around 8%. The annual service charge is approximately £1,566, while the ground rent is £100. The apartment is situated on the first floor and is an attractive investment opportunity for those looking to capitalize on the town's popularity.