Spacious two-bedroom top-floor flat needing full modernisation; cash buyers or specialists preferred..
Top-floor purpose-built flat with balcony and garage
A vacant, chain-free top-floor purpose-built flat offering two double bedrooms, a balcony and a garage close to Bournemouth town centre and the seafront. The layout is traditional with a large lounge/dining room and a generous kitchen; both bedrooms have built-in wardrobes and the property benefits from UPVC double glazing.
This apartment requires full updating and modernisation throughout — cosmetic and systems work expected (kitchen, bathroom, flooring, décor). Heating is by electric storage heaters and the building has cavity walls assumed without insulation, which will affect running costs until improved. The service charge is currently £2,145pa and ground rent £25pa.
A major practical consideration is the lease length: approximately 73 years remain. That may prevent standard mortgage lending and is likely to restrict market interest to cash buyers or purchasers able to arrange specialist mortgage or lease-extension finance. For a buyer prepared to invest, the size, top-floor position and garage provide clear potential once refurbished.
Suitable for an investor seeking a value-refurb project or an owner-occupier with cash or specialist mortgage arrangements, this flat offers seaside proximity and good local amenities but requires commitment to upgrade and resolve lease-length limitations before wider resale or remortgage options are available.
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