Poole Road, Bournemouth, BH4 9DJ

INVESTMENT OPPORTUNITY – TENANTS IN SITU

We are delighted to offer this one bedroom retirement property for sale with tenants in situ, presenting an ideal investment opportunity for landlords and investors alike. The property is currently let under an assured shorthold tenancy agreement, generating a consistent rental income and a rental yield of 12% (10% taking into account the service charges). The tenancy is well-established, and the occupants have expressed a desire to remain, providing a ready-made, income-producing asset for the new owner.

The property comprises a bright and spacious open plan lounge/kitchen/diner complete with stylish wall and base units, a breakfast bar and integral appliances, a double bedroom with built-in wardrobes, and a modern shower room suite with a walk-in shower and vanity cabinets.

Residents can enjoy beautifully maintained communal grounds and gardens with lawns, sitting areas, established beds and mature trees, as well as residents parking to the front, on-site facilities including a lounge and laundry room, lift access to all floors, a house manager, and a 24-hour emergency call system, offering both comfort and peace of mind in a welcoming community.

ADDITIONAL INFORMATION:

Council Tax Band: B

Local Authority: Bournemouth

Lease Term: 125 years from 1 October 1987

Ground Rent: £495 per year

Service Charges: £3600 per annum

*This information is based on information obtained via Land Registry and/or the vendor at the point of listing and will therefore need to be confirmed by a solicitor*