1 bed flat for sale

Institute Road - Flat 3, Swanage BH19

Occupying a quiet second-floor position to the rear of a substantial period building, this well-presented one-bedroom flat is ideally situated in the heart of Swanage town centre - just a short walk from the seafront, beach, and all local amenities.

The property offers a ready-made investment opportunity, currently let on a long-term tenancy at £650 per calendar month.

Accommodation

Communal Entrance
Accessed via a part-glazed front door with stairs leading to the second floor.

Entrance Lobby
Private front door, electric meter and fuse box.

Hallway
Radiator and central heating thermostat.

Open Plan Kitchen/Living Room
Bright and airy living space with obscure double-glazed window. The kitchen has been re-fitted by the current owner, featuring modern units, single drainer sink with mixer tap, work surfaces with drawers and cupboards below, space and plumbing for washing machine, electric cooker point, wall cupboards, tiled splashbacks, and a Worcester gas boiler.

Bedroom
Double bedroom with dual aspect (south and west-facing) windows and radiator.

Shower Room / W.C.
Re-fitted to a high standard with obscure double-glazed window, low-level W.C., shower cubicle with mains shower unit, vanity wash basin with mixer tap, and towel radiator.

Tenure & Maintenance

Leasehold: 125 years from 26th May 2023 (122 years remaining)

Ground Rent: Peppercorn

Service Charge: 1/11th share (latest invoice £181.97 for Sept 2024)

Construction: Standard

Heating: Mains gas central heating

Broadband: Fttc available

Mobile coverage: Check via

Council Tax

Band A - £1,792.96 payable for 2025/26 (excluding discounts).

Investment Summary

This attractive and low-maintenance property offers a strong investment opportunity in a highly sought-after seaside location. With a tenant in situ, recent modern upgrades, and long lease, it’s a perfect turnkey buy-to-let with consistent rental returns.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

£1.00

Ground Rent Review Period

No review period

Annual Service Charge

£181.97

Service Charge Review Period

Every 1 year

Lease End Date

01/01/2127

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.