**Golden opportunity to buy!** This bright and modern one double bedroom second-floor apartment offers an **excellent investment opportunity**, achieving a rental income of **£875 PCM** with an **approximate gross yield of 9.5%**. Benefitting from an impressive **992-year lease**, this property is ideally located just a short walk from the cliff top, offering easy access to stunning coastal walks and sea views.
A secure communal entrance leads to the second floor, where a private front door opens into a welcoming hallway. The hallway features a generous built-in storage cupboard with double doors and provides access to all rooms.
The spacious open-plan kitchen and living area is filled with natural light from two large front-facing windows. The contemporary white kitchen is fitted with integrated appliances and complemented by a practical tiled floor, creating a bright and functional living space.
The double bedroom overlooks the rear of the property and offers a peaceful retreat, complete with soft grey carpeting and stylish wall lights that add a warm ambience.
The modern bathroom is fully tiled and features a bath with an overhead shower and a glass shower screen.
Conveniently located approximately 1.9 miles from Bournemouth Mainline Train Station, the apartment also enjoys easy access to Bournemouth's award-winning beaches, town centre, shops, restaurants and leisure facilities.
Whether you're a first-time buyer or an investor looking to secure a property with a **strong rental return**, this apartment represents a **golden opportunity** in a sought-after coastal location.
If the **9.5% yield** is based on a specific asking price, you may want to note that it is **approximate** to ensure the listing remains accurate.
RENTAL INCOME:
£875PCM /GROSS YIELD 9.5%
Property Information:
Lease: 999 Years From 2017
Service Charge: £500pa Approx
Ground Rent: n/a
Council Tax: BCP {Bournemouth} Council Band A
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Council Tax Band A
