Chain-free two-bed investment near Bournemouth amenities; lease needs prompt attention..
Top-floor two-bedroom apartment with open-plan lounge/kitchen
Set on the top floor of a modern block in Charminster, this two-bedroom apartment offers straightforward buy-to-let potential or an entry-level home close to local amenities. The flat is currently tenanted (potential income around £1,100 pcm) and comes with an allocated off-street parking space and secure bike storage — practical benefits in a busy inner-city location.
Important practical points are clear: there are 82 years remaining on the lease, a service charge averaging £1,100 every six months (approximately £2,200pa) and an annual ground rent of £200. The lease length will need urgent attention by a buyer seeking long-term ownership or mortgage finance, and the running costs are higher than some similar flats because of the service charge and reserve contributions.
Internally the layout is traditional with an open-plan living/kitchen area featuring a dormer window, two bedrooms, fitted hallway storage and a modern white bathroom. The property is small at about 587 sq ft, with an EPC rating of D and council tax in a low band — sensible running costs aside from service charges.
This apartment will suit investors looking for steady rental demand in a cosmopolitan, student-rich part of Bournemouth, or first-time buyers who can manage the leasehold issues and service charge commitments. Buyers should commission lease extension advice and verify tenancy details and rental projections before committing.
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