Palmerston Road, Bournemouth BH1

£620,000

Guide price

  • Bedrooms: 8
A fantastic opportunity to purchase this block of four apartments in a popular residential location, close to local amenities and transport links.

The block consists of three newly created 2 bedroom apartments and one existing 2 double bedroom first floor apartment.

Unit 1; List Price £165,000. 2 Bedroom Ground Floor Garden Flat, Allocated Parking. Predicted Rent; £850 pcm

Unit 2; List Price £150,000. 2 Bedroom Ground Floor Flat, Own Entrance. Predicted Rent; £750 pcm

Unit 3; List Price £165,000. 2 Bedroom Maisonette, Own Entrance. Predicted Rent; £800 pcm

Unit 4; List Price £130,000. Existing 2 Bedroom First Floor Flat, Predicted Rent; £750 pcm

Freehold available by the purchase of the complete block.

Further benefits include newly fitted kitchens and bathroom suites, large open-plan reception rooms, spacious bedrooms, entry phone systems, double glazing and refurbished communal areas.

The block will also be undergoing external renovation to include; new services, block decoration and parking to the rear.

Potential rental yield in excess of 6% and gross potential rental in excess of £37,000 per annum.

The development is anticipated to be completed in August 2020.

Offered for sale off-plan we are anticipating high levels of interest in this exceptional development. The vendors are happy to work with a prospective buyer to tweak the designs of internal fixtures and fittings to suit the new owners needs.

For further information please contact the vendors exclusive selling agent Lovett International.

Freehold available with the acquisition of the complete block.

The apartments will be assigned 125 Year Leases.

This information has not been verified and should not be relied upon as statement of fact, but it is given in good faith for guidance only. The images given are for illustrative purposes only to show the anticipated style & finish and are subject to change.

Looking to sell? Call Lovett Estate Agents for your complimentary valuation.

Arrange viewing 01202 922867

Lovett Estate Agents

716 Christchurch Road, Boscombe, Bournemouth, Dorset

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