1 bed Flat for sale in 11-12 Verulam Place, Bournemouth, BH1 (ref: 492600)Shortlist
- New 125 Year Lease
- Bournemouth town centre location
- Holiday Letting Permitted
- In need of modernisation
- Cash Buyers Only
- Investment Opportunity
There are a mix or studio and 1 bedroom flats and they are all in need of some refurbishment. Prices will vary, floorplans available on request
The rental yields on these properties are great and they come with the added benefit of having CONSENT TO HOLIDAY LET within the lease for those that want to really squeeze the income potential.
The flats will be sold with a new 125 years lease and because of their location will be extremely popular. There is on road parking thats restricted for permit holding property owners in the road.
The vendor is looking to find cash buyers, particularly on the studio apartments to avoid aborted sales from those unable to obtain borrowing. So please be prepared to let us have an understanding of your position ahead of calling.
There is a range of sizes and conditions and our agents are ready and willing to show anyone that is able to proceed quickly around all of the remaining flats. ( photos my be a selection of various units )
125 Year Lease ( new )
Ground rent £250pa
Servcie Charges estsimate to be sub £1000 Incl Building insurance
Call today to discuss or arrange an appointment.
Stamp Duty Due
Based on a sale price of £135,000 the total amount of stamp duty payable will be:
Last updated: The calculator has been updated following the end of the stamp duty holiday on 1st October 2021.
* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.
- Status: Under Offer
- Reference: 492600