No longer on the market
This property is no longer on the market
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Studio
Key information
Tenure: Leasehold
Council tax: Ask agent
Features and description
- Fully Furnished Studio
- Great location
- Ideal for Short Term Accommodation
- Modern Fitted Kitchen
- Up to 15% NET Yields Achievable
- Cash Only
This fully furnished studio apartment (apt1) with its BH1 postcode, has been renovated to provide first time buyers or Investors the chance to own a part of the popularity of Bournemouth. Located a few minutes walk from the award winning beaches, and 0.5 miles from the train station, and close to local amenities the developer has taken this 1900's building and brought the property back to life converting the current offices to only 14 self-contained modern and light apartments specifically built for serviced accommodation or the holiday let market, taking full advantage of the centralised location.
As mentioned the lease allows investors to rent their property on the serviced / short term / holiday let market, it is worth mentioning that many apartment blocks in Bournemouth do not allow short term lets to be carried out in the lease. Under the SHORT TERM LET model NET yields can be as high as 15%, especially being close to the major hotel chains such as Holiday Inn - please ask for details.
This is a CASH ONLY investment
As mentioned the lease allows investors to rent their property on the serviced / short term / holiday let market, it is worth mentioning that many apartment blocks in Bournemouth do not allow short term lets to be carried out in the lease. Under the SHORT TERM LET model NET yields can be as high as 15%, especially being close to the major hotel chains such as Holiday Inn - please ask for details.
This is a CASH ONLY investment
Property information from this agent
About this agent
Residential Estates is an independent property company that provides unrivalled expertise in UK residential and commercial investments, property management, and sales as well as lettings. Covering all aspects of the property industry, our estate agents and consultants are experts in investment properties, sales, and lettings, this ensures that you are in safe hands with experts available to assist you with your property. With more than 26 years in the industry, we are associated with the Property Ombudsman for your complete peace of mind.