£300,000
Victoria Avenue, Bournemouth, BH9
- 3 beds
£300,000
- 3 beds
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House & Son are delighted to be able to offer for sale this exciting investment opportunity - CASH BUYERS ONLY. This investment property with the Freehold Title for the ground floor two bedroom garden flat and one bedroom first floor flat - a combined rental yield of £2,075 per calendar month, with the further benefit of five garages (to be completed by purchaser) with an anticipated yield of £1,000 per calendar month This sale is Freehold including land to rear, garages (to be completed by purchaser) and two flats.
Located within close proximity to good local schools, shopping and transportation links to further afield. Rarely available. Good rental return yield. An opportunity not to be missed! Call to book your appointment.
82A VICTORIA AVENUE - GROUND FLOOR GARDEN FLAT The ground floor garden flat comprising private front door entrance, south facing garden, living room with modern fitted kitchen and direct access onto south facing garden, two double bedrooms with built in wardrobes/organisers, modern bathroom, utility room, gas fired central heating and UPVC double glazing.
LIVING ROOM 19' 0" x 12' 2" (5.79m x 3.71m)
UTILITY ROOM 3' 5" x 2' 10" (1.04m x 0.86m)
BEDROOM ONE 12' 5 max into bay" x 12' 0 to back of wardrobes" (3.78m x 3.66m)
BEDROOM TWO 11' 7" x 8' 5 back of fitted wardrobe/organiser" (3.53m x 2.57m)
BATHROOM
INCOME Anticipated rental income £1,200 per calendar month.
82 VICTORIA AVENUE - FIRST FLOOR FLAT The first floor flat comprises own private entrance, lounge, kitchen, bedroom and bathroom.
INCOME Anticipated rental income £875 per calendar month (currently let).
AGENT'S NOTE Both flats 82 Victoria Avenue and 82A Victoria Avenue are self-contained. The two flats are conveyed under one freehold title.
FIVE GARAGES TO REAR Full width driveway. There are five garages to rear: preparation/footings as per photographs. Purchaser to complete the build at their costs
INCOME Anticipated income (once garages are built) £1,000 per calendar month (each garage £200 per calendar month x 5).
AGENT'S NOTE Purchaser to make their own enquiries regarding cost to build garages.
Messrs House & Son or the seller do not offer any warranties or consents in relation to the garages yet to be completed. Prospective purchasers are to make their own enquiries prior to any any commitment to purchase.
AGENT'S NOTE The anticipated gross yield for two flats and garages (once completed) is approximately £37,000 per annum (this is a guide only).
Offers In Excess Of £300,000 - The sellers decision is final.
EPC RATING EPC ground floor flat - D 66/73
EPC first floor flat - C 69/73
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