£160,000
2 bed flat for sale501-507 Christchurch Road, Bournemouth BH1
2 beds
- Chain free
MRKT Property Experts
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About this property
Annual Ground Rent: 250
Annual Service Charge: 1,300
Council Tax Band: B
Tenure: Leasehold
Long Lease
Double Glazing
Investment opportunity
Close to local amenities
No Onward Chain
Two Bedrooms
MRKT Property Experts is delighted to present this modern two-bedroom apartment in Boscombe, The Cotton Exchange development was completed in 2016 renovating an historic retail building in Boscombe. Originally built in the 1880s, the building opened as a branch of the exclusive Plumbers Department Store.
Situated on the first floor, the apartment is finished to a high standard and specification throughout, it comprises of an open plan living/kitchen area with integrated white goods, a double bedroom, single bedroom, fully suited bathroom. The property has gas central heating and is fully double glazed. For security there is an intercom system, and allocated secure parking. The property also offers a communal roof top garden area and is within walking distance to local amenities and beaches.
For investors, The Cotton Exchange has always been a popular block for tenants, and this flat especially due to the allocated parking space which not all properties in the block benefit from. The property is rented at 900pcm until mid-August 2025 (approx. Yeild of 6.75%), and the property can be offered with with vacant possession or with tenants in situ.
Further information ?
EPC ? Band C
Council Tax ? Band B
Years remaining on lease ? 116
Service Charge - 1300 p/a
Ground Rent - 250
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