Flat for sale in Norwich Avenue West, Bournemouth BH2

An investment opportunity comprising a converted one bedroom ground floor flat situated 0.6 miles from the town centre and within easy reach of amenities.
Currently let on an AST and producing £9,120 per annum.

Formerly a commercial store, the unit was converted without planning permission over 10 years ago to provide a one bedroom apartment. The apartment has been let on an AST since its conversion.

The accommodation comprises private entrance, reception room with separate kitchen area, one bedroom and a shower room.

The apartment is currently let on an AST for £760.00 per month (£9.120.00 per annum).

Leasehold
125 years from 1 February 2013 (113 and 9 months remaining)
Service charge: £417.03 quarterly (£1,668.12 per annum)
Reserve fund: £174.42 quarterly ((697.68 per annum)
Ground Rent: £195.00 per annum

Situation

Midland Heights was originally the railway hotel for Bournemouth West station. The property is ideally situated within equal distance of both Bournemouth town centre and Westbourne whilst the West Cliff and beaches are approximately 0.75 miles. There is a Co-op convenience store and council parking opposite on Queens Road. The surrounding roads are mainly non restricted on road parking. There are a range of eateries and bars close to the property.

Bournemouth Town Centre offers variety of shops and multiple restaurants and bars and a leisure complex. There is a main line train station approximately 1.6 miles with direct services to London Waterloo, Manchester, Winchester, Southampton, and Southampton Airport. Bournemouth International airport is 6 miles and offers a varied schedule of flights to a number of European destinations.