Summary - MELISSA COURT, 486 - 488 FLAT 2 ASHLEY ROAD POOLE BH14 0AD
1 bed 1 bath Studio
Immediate rental income with refurbishment upside near local amenities.
Long‑term tenant in situ, producing £7,800 pa
This studio in Poole is presented primarily as an investment purchase. It is leasehold, currently let to a long‑term tenant producing £7,800 pa, giving a current gross yield of about 11.1% at the £70,000 asking price. The flat sits in a terraced period block with shared off‑street parking and easy access to local amenities and transport.
The accommodation offers a spacious living area, separate kitchen and bathroom, and period exterior features to the terrace. Photographs supplied are limited and do not confirm exact room sizes, EPC rating, or internal condition — a short renovation or redecoration may be required to maximise rental value. Buyers should note the building appears to have a small communal yard and limited private outdoor amenity.
Key transaction facts to consider: the property is leasehold, occupied by reliable long‑term tenants who intend to remain, and a Buyers Premium applies on sale. For full investment appraisal, request the Let Property Pack, floorplans, EPC and recent rent comparables before bidding.
This opportunity suits a hands‑on investor or developer seeking an immediate income stream and upside through refurbishment or rent re‑assessment. Material unknowns — exact square footage, service charge/EPC details, and any required building works — should be clarified early in due diligence.
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