1 bed apartment for sale
£150,000Cotton Exchange, Bournemouth, Dorset, BH1 4AJ
- Description
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Fully Furnished 1 Bedroom Apartment – Christchurch Road, Bournemouth BH1
**Guide Price: £150,000**
A well-presented, one-bedroom apartment situated on Christchurch Road, Bournemouth, offered for sale fully furnished and ready for immediate occupation or letting.
The property would make an ideal first-time purchase, Bournemouth base or **turnkey investment opportunity**, with the benefit of the furniture being included within the sale.
The accommodation comprises a comfortable living area, fitted kitchen, double bedroom and bathroom. The apartment is conveniently positioned for Bournemouth town centre, local shops, restaurants, transport links and the seafront.
Proven Rental History
The property has an established rental history, having been successfully let to several different tenants at £1,100 per calendar month over the past three years.
At the £150,000 asking price, rental income of £1,100 pcm equates to £13,200 per annum and a gross rental yield of approximately 8.8%.
This makes the property particularly attractive to investors looking for a ready-to-let, fully furnished Bournemouth apartment with a proven rental income, rather than relying solely on a projected rental valuation.
Key Features
* One-bedroom apartment
* Guide Price £150,000
* Offered fully furnished
* Approximately 116 years remaining on the lease
* Service charge approximately **£1,200 per annum**
* Ground rent approximately **£250 per annum**
* Proven rental income of £1,100 pcm**
* £13,200 annual rental income**
* Approximately 8.8% gross yield at asking price**
* Successfully let to several tenants over the past three years
* Turnkey investment opportunity
* Suitable for investors or owner-occupiers
* Convenient Christchurch Road location
* Good access to Bournemouth town centre, transport links and local amenities
* No onward chain
* Communal Courtyard
The property is being offered directly by the owner, allowing prospective purchasers to discuss the property and arrange viewings directly.
Viewings are available by appointment. Please get in touch for further information or to arrange a viewing.
Additional Opportunity for Investors
For investors interested in acquiring a larger portfolio opportunity, the property is currently held within an SPV which owns two properties, and there is the potential for the two properties to be acquired together, subject to agreement.
The second property is also situated on Christchurch Road, Bournemouth and comprises a two-bedroom apartment, currently rented at £1,850 per calendar month including bills.
The two-bedroom property was previously operated as a successful holiday let before moving to its current rental arrangement.
Further information regarding the second property and the potential acquisition of the SPV/two-property portfolio can be provided to serious interested parties upon request.
Contact the Landlord / Seller about this property

