No longer on the market
This property is no longer on the market
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Map1 bedroom flat
Auction
Flat
1 bed
1 bath
Key information
Tenure: Leasehold
Ground rent: £250 per annum | review period: unconfirmed
Service charge: £1,200 per annum
Council tax: Ask agent
Features and description
- Tenure: Leasehold
- Investment Opportunity
- Fully furnished
- Serviced Accommodation
- Located in town centre
Lot 163
Sale by the auction method
Cash Buyers Only
Bidding Starting Price: £105,000
For Legal Pack and other information about this plot, please, visit: just-sold dot co dot UK by searching Lot number 163
Description:
We are pleased to present this recently developed studio apartment, strategically located in Bournemouth town center close to and just a 15-minute walk to the award-winning beach attracting over 5 million visitors annually. It represents a fully furnished, fully managed hands-off investment to be let out on a short-term let basis as serviced accommodation.
Each unit in this development comes with a fully managed service by an experienced local SA management company ensuring occupancy levels are met throughout the building.
In recent years the serviced apartment sector has grown more than any other temporary accommodation class in Europe with the reopening of travel corridors catalysing a dramatic surge in demand for serviced accommodation across the globe and outperforming hotels.
Average Daily rate: £85 - £90
Average Occupancy rate: 77%
Potential Gross rental income: £24,000
Annual Profit: £12,000
Why Bournemouth?
Tourism in Bournemouth employs around 10,000 people each season and is home to companies such as J.P. Morgan, Liverpool Victoria, Vitality, Nationwide Building Society, Hobbycraft Trading, Cobham, and Siemens.
Bournemouth is known for its long sandy beaches, seaside piers, parks, and music venues such as the pavilion centre and the 02 Academy. It also has great direct transport links to nearby towns and cities, Christchurch, Weymouth, Dorchester, Winchester, Southampton, Birmingham, Manchester, and London Waterloo. It also offers ferry services over to France and Jersey and Guernsey.
You would need to register as a buyer on just-sold dot co dot uk as a buyer in order to bid for this property.
Important Notice:
1. AML (Money Laundering Regulations): Buyers will be required to register themselves with just-sold dot co dot uk as a buyer and clear the compliance checks prior to bidding, placing an offer, or buying.
2. The Sales particulars are only a general guide to the property however, we make our sales particular fair and accurate to the best of our knowledge.
3. These particulars do not form any part of any offer or contract. The particulars should be independently verified by the buyers
Property Ref: 163
For viewing arrangement, please use just-sold online viewing system.
If calling, please quote reference: 163
GDPR: Applying for above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property related information. If you disagree, please write to us in the message so we do not forward your details to the vendor or landlord or their managing company.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing on the sale.
General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact just-sold and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers or tenant to commission their own survey or service reports before finalizing their offer to purchase.
Disclaimer: just-sold is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.
Please inform us if you become aware of any information being inaccurate.
Additional Information
Ground Rent Amount: £250
Sale by the auction method
Cash Buyers Only
Bidding Starting Price: £105,000
For Legal Pack and other information about this plot, please, visit: just-sold dot co dot UK by searching Lot number 163
Description:
We are pleased to present this recently developed studio apartment, strategically located in Bournemouth town center close to and just a 15-minute walk to the award-winning beach attracting over 5 million visitors annually. It represents a fully furnished, fully managed hands-off investment to be let out on a short-term let basis as serviced accommodation.
Each unit in this development comes with a fully managed service by an experienced local SA management company ensuring occupancy levels are met throughout the building.
In recent years the serviced apartment sector has grown more than any other temporary accommodation class in Europe with the reopening of travel corridors catalysing a dramatic surge in demand for serviced accommodation across the globe and outperforming hotels.
Average Daily rate: £85 - £90
Average Occupancy rate: 77%
Potential Gross rental income: £24,000
Annual Profit: £12,000
Why Bournemouth?
Tourism in Bournemouth employs around 10,000 people each season and is home to companies such as J.P. Morgan, Liverpool Victoria, Vitality, Nationwide Building Society, Hobbycraft Trading, Cobham, and Siemens.
Bournemouth is known for its long sandy beaches, seaside piers, parks, and music venues such as the pavilion centre and the 02 Academy. It also has great direct transport links to nearby towns and cities, Christchurch, Weymouth, Dorchester, Winchester, Southampton, Birmingham, Manchester, and London Waterloo. It also offers ferry services over to France and Jersey and Guernsey.
You would need to register as a buyer on just-sold dot co dot uk as a buyer in order to bid for this property.
Important Notice:
1. AML (Money Laundering Regulations): Buyers will be required to register themselves with just-sold dot co dot uk as a buyer and clear the compliance checks prior to bidding, placing an offer, or buying.
2. The Sales particulars are only a general guide to the property however, we make our sales particular fair and accurate to the best of our knowledge.
3. These particulars do not form any part of any offer or contract. The particulars should be independently verified by the buyers
Property Ref: 163
For viewing arrangement, please use just-sold online viewing system.
If calling, please quote reference: 163
GDPR: Applying for above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property related information. If you disagree, please write to us in the message so we do not forward your details to the vendor or landlord or their managing company.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing on the sale.
General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact just-sold and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers or tenant to commission their own survey or service reports before finalizing their offer to purchase.
Disclaimer: just-sold is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.
Please inform us if you become aware of any information being inaccurate.
Additional Information
Ground Rent Amount: £250
About this agent
We believe that customer satisfaction is not merely confined to answering telephone calls, but, providing an efficient and seamless experience, round-the-clock. Our rich, exquisite and diverse neighbourhoods provide accommodation for everyone from all socioeconomic classes. Whatever your property needs, we ascertain a premium-grade service experience to you. Whether it is selling, buying, letting or renting commercial or residential property, we believe that all parties involved deserve the best value in terms of service. Our membership of The Property Ombudsman Redress Scheme, endorsed by the Office of Fair Trading is a testament to the quality and credibility of our services. At 99Home Ltd, rest assured for a respectful, ethical, professional and diligent real estate service experience.
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Discover similar properties nearby in a single step.