Summary - CALEDONIAN COURT, 446 FLAT 23 CHRISTCHURCH ROAD BOURNEMOUTH BH1 4AY
2 bed 1 bath Apartment
Compact seaside flat with strong rental yield for cash buyers.
Two-bedroom second-floor apartment, c.538 sq ft
Second-floor, two-bedroom apartment a short walk from Boscombe Gardens and the beach — positioned for easy rental demand. The building is Victorian with character features externally, UPVC double glazing and gas central heating ensuring basic tenant comfort. An allocated off-street parking space adds rarity for the area and supports letting appeal.
This is a cash-buy investment rather than an owner-occupier purchase. The remaining lease is 61 years and will likely prevent most mortgage lenders from lending; buyers should budget for lease extension costs if planning long-term ownership. Service charge and ground rent are material holding costs: about £1,800 per year service charge and £140 ground rent.
Internally the flat is compact (c.538 sq ft) and described in basic condition; some rooms need modernization and there is a reported mould/lighting issue. Estimated achievable rent is around £975pcm, producing an approximate 7.56% net yield based on guide price — attractive for a cash investor prepared to manage minor refurbishment.
Location strengths include fast broadband, excellent mobile signal, nearby schools with good Ofsted ratings, local amenities and frequent bus routes along Christchurch Road. Note the area has high crime statistics and higher deprivation indices, factors investors should weigh when setting rental levels and insurance costs.
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