4 bed flat

This fully tenanted investment opportunity in Bournemouth town centre comprises a portfolio of four apartments, including three studios and one one-bedroom apartment, all well-presented and in good condition. The apartments are held on a single head lease with a remainder of 999 years from 1997, and are currently generating an income of £2,925 per month or £35,100 per annum, representing a yield of 10% at the asking price. The maintenance of the building is carried out on an as-and-when basis, shared between the five flats and the ground floor commercial premises, with no set service charge. The apartments are situated above night-time entertainment facilities, but have received the necessary noise pollution sign-off from BCP Council. This is an exciting landlord investment opportunity, with the potential for strong rental yields and capital growth.