Summary - Flat 3, 42a Sea Road, Boscombe, BOURNEMOUTH BH5 1BQ
2 bed 1 bath Flat
Turn-key buy-to-let with immediate rental income and seaside location.
Two double bedrooms and two balconies, a few hundred yards from Boscombe Beach
Tenant in situ paying £1,250 pcm (rolling AST) — immediate income
Cash buyers only; mortgage lenders likely to refuse due to short lease
Leasehold with approx. 39 years remaining — lease extension likely needed
Buyers’ premium and auction conditions apply; 28-day completion required
Low annual ground rent (£25) but service charge “as & when” — variable costs
Buildings insurance and communal lighting costs noted in legal pack
Permit parking available via local authority; excellent mobile and broadband
This two-bedroom first-floor apartment sits a few hundred yards from Boscombe Beach and is offered as a ready-made investment with a tenant in situ paying £1,250 pcm. Its contemporary living space, two balconies and good natural light make it attractive to holiday or long-term renters in this seaside location.
Important practical points are clear: the flat is leasehold with only 39 years remaining and will be sold at auction to cash buyers. Mortgage lenders will very likely refuse lending with the current lease length, and a buyer should budget for lease extension costs or legal work. The seller intends to issue a Section 42 Notice to allow a quicker lease renewal process, but the statutory process and costs remain the buyer’s responsibility.
Financially it presents immediate income (£15,000 pa) and low ground rent (£25 pa), though service charges are ‘as & when’ and buildings insurance and communal lighting contributions are noted in the legal pack. The lot carries standard auction conditions, a buyers’ premium and requires 28‑day completion, so buyers should have funds and legal checks ready.
For an investor looking for a turn-key seaside let, this flat offers instant cashflow and proximity to local amenities and transport. For anyone reliant on mortgage finance, the short lease is a material drawback that must be resolved before purchase.
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