Summary - EDWARD COURT, 151 FLAT 1 RICHMOND PARK ROAD BOURNEMOUTH BH8 8UA
2 bed 1 bath Flat
Income-ready two-bedroom apartment with parking and modern boiler.
Two-bedroom ground-floor flat, 492 sq ft
Open-plan living with compact modern kitchen
New boiler fitted January 2023
Allocated off-street parking and small garden
Currently let at £1,000pcm (AST to June 2025)
Long lease: 197 years remaining, peppercorn ground rent
Service charge c. £1,400pa; leasehold tenure
Located in cosmopolitan student neighbourhood (possible higher turnover)
An attractively priced two-bedroom ground-floor flat in Charminster, offered with an income-producing AST until June 2025. The open-plan living and kitchen layout maximises the 492 sq ft footprint, and the property includes one allocated off-street parking space plus a low-maintenance garden. Practical upgrades include double glazing and a new boiler installed January 2023.
This unit is currently let at £1,000pcm (tenant contributes £160 towards some bills), giving an indicative gross yield of around 6.6% at the asking price. The long lease (197 years remaining) and a peppercorn ground rent make the tenure straightforward for investors; note the annual service charge of approximately £1,400 and that this is a leasehold property.
The setting is a cosmopolitan, student-oriented neighbourhood with good bus links, nearby shops and easy access to the Wessex Way and Bournemouth town centre. That convenience supports re-letting potential but also means tenant mix can include students and younger renters, which may influence management needs and turnover.
Buyers should be aware of the property’s compact size and ground-floor position, which can limit resale profiles and privacy compared with upper-floor flats. Overall this is a practical, low-maintenance investment or first-step purchase in a well-connected part of Bournemouth.
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