153-year lease, parking and rental income close to Bournemouth beach, sold with or without tenant.
Brand new 153-year lease with peppercorn ground rent
This first-floor, three-bedroom apartment in Lansdowne House offers 796 sq ft of practical living space with a brand-new 153-year lease and peppercorn ground rent. The layout includes a lounge/dining area, modern fitted kitchen with breakfast bar, three double bedrooms (master with en-suite) and a residents’ off-street parking space accessed from the block. The building benefits from UPVC double glazing and a community heating scheme.
The property is well suited to buy-to-let investors seeking an immediately lettable asset in a central Bournemouth location; it is currently achieving £1,300 pcm and can be sold with the tenant in situ or with vacant possession. Transport links are strong, with the mainline train station and central bus station within walking distance, and the town centre and award-winning beaches nearby—features that support consistent rental demand.
Important considerations: the annual service charge is £4,112.14, payable in two instalments, which covers communal heating, hot water and other services and is above average for a flat of this size. The property sits in a multicultural, cosmopolitan student neighbourhood with a recorded very high local crime rate, which may affect long-term capital growth or appeal to certain owner-occupiers. The building date and cavity walls suggest limited original insulation.
Overall this is a compact but well-presented three-bedroom flat with secure long lease terms and clear rental credentials. It will suit investors focused on rental yield and buyers seeking central, seaside city living provided they accept the relatively high service charge and the local area characteristics.
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