Property Unavailable
£110,000

1 bed Flat for sale in 11-12 Verulam Place, Bournemouth, BH1 (ref: 492615)

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Key Features

  • New 125 Year Lease
  • In need of modernisation
  • Holiday Letting Permitted
  • Cash Buyers Only
  • Bournemouth town centre location
  • Investment Opportunity
ATTENTION INVESTORS... We have 10 flats left out of 16 in this attractive building in the heart of the town. Minutes from the shops, restaurants and beach these appartments are an excellent 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 £110,000 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.


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Property Images

1 bed flat for sale in 11-12 Verulam Place 0

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1 bed flat for sale in 11-12 Verulam Place 1

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1 bed flat for sale in 11-12 Verulam Place 2

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1 bed flat for sale in 11-12 Verulam Place 3

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Further Details

  • Status: Under Offer
  • Reference: 492615

Location

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