property.
Alma Road
Bournemouth
£200,000
£200,000
Tenure: Leasehold
Ref: WTN109104
- Two bedroom first floor flat
- Heart of charminster
- Prime location to utilities and transport links
- Currently let at £1500 pcm to students
- Lease remaining of 150+ years
- Ground rent at £150 pa with £200 (approx) buildings insurance pa
- Service charge "as and when" read more show less
monthly mortgage estimate
Fox & Sons present an amazing investment opportunity of a Two/Three bedroom first floor flat in a prime location of Charminster. The property currently commands a £1500 in rent PCM, with low service costs and expected rent for 2024 to be increased to £1600 PCM. This is a perfect BTL opportunity.
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- Years remaining: 0 years
- Current ground rent: £150
- Ground rent review period: Contact branch
- Annual service charge: £0
- Ground rent increase: Contact branch
Council Tax Band: A
Tenure: Leasehold
floor plans
in detail
Fox & Sons are pleased to bring to market this well presented Two/Three Bedroom first floor flat. The property is currently sold as an EXCEPTIONAL BUY TO LET opportunity.
The property is situated in a prime location in charminster, with ease of access to local amenities, transport links etc. The property is accessed through the private entrance on Alma Road. The property itself has a large skylight in the centre of the landing allowing natural light to flood the property.
The property benefits from modern kitchen and bathroom, with a lounge looking over the rear of the property, which is currently used as a third bedroom as a student let. The two double bedrooms have large windows overlooking the front of the property.
The student let currently commands a rent of £1500 PCM, and inevitably next year will be at £1600 as a three bedroom student property. Ground rent at £150 PA, buildings insurance at £200 PA. with "as and when service charge" ensures that a gross yield of 9.5% (approx) is available, with a Net Rental Yield of 9.3% (approx).
Book now to avoid disappointment on this fantastic BUY TO LET opportunity!
The property is situated in a prime location in charminster, with ease of access to local amenities, transport links etc. The property is accessed through the private entrance on Alma Road. The property itself has a large skylight in the centre of the landing allowing natural light to flood the property.
The property benefits from modern kitchen and bathroom, with a lounge looking over the rear of the property, which is currently used as a third bedroom as a student let. The two double bedrooms have large windows overlooking the front of the property.
The student let currently commands a rent of £1500 PCM, and inevitably next year will be at £1600 as a three bedroom student property. Ground rent at £150 PA, buildings insurance at £200 PA. with "as and when service charge" ensures that a gross yield of 9.5% (approx) is available, with a Net Rental Yield of 9.3% (approx).
Book now to avoid disappointment on this fantastic BUY TO LET opportunity!
Lounge
Irregular Shaped Room 15' 9" MAX x 13' 11" MAX ( 4.80m MAX x 4.24m MAX )Bedroom One
Irregular Shaped Room 16' 1" MAX x 13' 1" MAX ( 4.90m MAX x 3.99m MAX )Bedroom Two
Irregular Shaped Room 11' 1" MAX x 6' 11" MAX ( 3.38m MAX x 2.11m MAX )Bathroom
Irregular Shaped Room 9' 2" MAX x 6' 3" MAX ( 2.79m MAX x 1.91m MAX )Kitchen
13' MAX x 9' 10" MAX ( 3.96m MAX x 3.00m MAX )
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Monthly mortgage estimate
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY
AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
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