Low-price auction lot with strong rental potential and quick completion required.
Central Bournemouth location, easy access to shops and transport
Lower-ground two-bedroom maisonette with private enclosed patio garden
Vacant possession and immediately rentable; indicative rent c. £1,250 pcm
Leasehold with c. 84 years remaining — lenders may refuse mortgages
Sold at auction with buyer's premium and 29‑day completion requirement
Service charge £900pa and ground rent £200pa (payable annually)
EPC rating D and gas central heating; scope for refurbishment
Local area: cosmopolitan student neighbourhood with very high crime rates
This lower-ground two-bedroom maisonette sits in central Bournemouth with a private enclosed patio garden and vacant possession. The flat extends to about 64 sq m, has gas central heating and an EPC rating of D, making it immediately lettable to the local rental market.
The property is offered for sale by unconditional online auction (29‑day completion). Buyers should budget for a buyer’s premium on top of the hammer price and check the legal pack for additional special conditions. The property is leasehold with around 84 years remaining; this short remaining term may restrict mortgage options and will require prompt lease extension for buyer protection.
The location is mixed-use and described as a cosmopolitan student neighbourhood with many town-centre amenities and very high local crime statistics. That environment supports strong rental demand (indicative rent £1,250 pcm) but may be less suitable for purchasers seeking a quiet family home.
Service charge and ground rent are modest (£900 and £200 per year respectively) but the building will need routine upkeep and the flat shows scope for refurbishment to improve value. This is suited to investors or buyers prepared to renovate and manage leasehold matters quickly.
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