Affordable town-centre flat ideal for savvy buyers or investors seeking strong rental potential.
Chain-free vacant two-bedroom flat on second floor
80 years remaining on lease — lenders may refuse mortgages
Ground rent £175 p.a., doubles every 25 years (next review 2032)
Off-street residents’ parking (permit, first-come basis)
EPC rating D; mains gas boiler and radiators
Central town location with fast broadband and excellent mobile signal
Very high local crime rate — consider security and insurance costs
Low council tax but potential refurbishment needed
Set on the second floor of a Victorian block in Bournemouth town centre, this two-bedroom flat offers an affordable entry into a central location. The apartment is chain-free and vacant, making it straightforward to buy and move into or rent out quickly. With compact, clean interiors and double glazing, the property suits buyers seeking convenience and low immediate maintenance.
Important lease issues affect long-term financing: just 80 years remain and the vendor cannot start an extension. Many mortgage lenders may refuse to lend, and the ground rent of £175 per year doubles every 25 years (next review 2032). Buyers should check mortgage options and lease-extension costs before committing.
Practical benefits include off-street parking (permit-based, first-come first-served), mains gas heating, and low council tax. The neighbourhood is lively and cosmopolitan with excellent transport, fast broadband and many local amenities, making the flat attractive to students or investors prepared for the lease constraints.
The building has period character externally but interiors are basic and best suited to buyers seeking a central, affordable property rather than a turnkey luxury home. Any purchaser should allow for potential refurbishment and confirm lender criteria given the lease length.
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