Income-producing two-bed close to town and station, tenant in situ..
Open-plan living/kitchen, modern bathroom
A compact two-bedroom first-floor apartment offering practical, low-maintenance living close to Bournemouth town centre and the train station. The open-plan kitchen/living area and modern bathroom make the layout simple and easy to let or occupy. The building is a converted Victorian block with contemporary fittings inside, and the flat benefits from good broadband and mobile signal — useful for tenants and short-term lets.
Currently let at £990 pcm, this property is presented with a sitting tenant, making it immediately income-producing for a buyer seeking rental yield. The flat sits on a long lease (approx. 111 years) which supports mortgage eligibility and future resale. Annual outgoings include a service charge of around £1,800 and ground rent of £349.
Buyers should note the apartment’s small overall size (approx. 426 sq ft) and electric storage heating, which can mean higher running costs depending on tariff. The immediate area scores as very deprived with higher-than-average crime levels; this impacts tenant profiles and lettability considerations. EPC rating C and Council Tax band B are positives, but factor in the communal maintenance and management costs when assessing net returns.
This property will suit investors seeking an urban rental with immediate income and straightforward fixtures, or buyers prioritising location and low DIY. For those sensitive to social factors or wanting larger living space, the flat’s scale and neighbourhood statistics recommend viewing in person before committing.
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