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£125,000

Lowther Gardens, Bournemouth, BH8

  • 1 bed
Flat
Under offer/SSTC

£125,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£571 per month

Minimum deposit amount:

£6,250
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House and Son are pleased to offer this fantastic investment opportunity for a Buy To Let Landlord; a modern & well presented one double bedroom top floor apartment, currently Let on an AST at £750pcm (circa 7% yield). Situated in a cul de sac location, the development is within walking distance of the main line railway station and has easy car access to the Wessex Way, with its dual carriage way road links to further afield.

Super central location, close to Lidl & Bournemouth Station, with Asda Supermarket within walking distance. Conveniently located for the shops and restaurants of nearby Charminster & close to the town centre itself; with its wide range of amenities, shops, restaurants, fantastic award-winning beach, and entertainment venues.

The property offers a good size entrance hallway and spacious double bedroom, with a modern semi open plan fitted kitchen area off of the lounge. The kitchen features modern units, spaces for appliances and a fitted oven and hob. The lounge has a cosy feel with useful storage units and there is a modern bright and airy bathroom featuring a velux window.

Outside, there is a small communal garden to the rear and a bike store. Other benefits include: gas fired central heating, double glazed windows and the benefit of a long recently extended Lease, with a 189 year Term and a Peppercorn Ground Rent.

A perfect addition to any landlords 'Portfolio'; a modern build with historically low outgoings. 

COMMUNAL ENTRANCE HALL Stairs rising to top floor landing. Front door into: 

ENTRANCE HALL 12' 8" x 3' 4" (3.86m x 1.02m)  

LOUNGE 11' 8" x 9' 0" to 6' 7" at height of 5' of sloped ceiling (3.56m x 2.74m to 2.01m)  

KITCHEN 6' 2" x 6' reduces to 5' at a height of 5' of sloped ceiling (1.88m x 1.83m to 1.52m) 

BEDROOM 10' 5" x 8' 6" (3.18m x 2.59m) reducing to 9' x 7' 2" at height of 5' of sloped ceiling (2.74m x 2.18m) 

BATHROOM 7' 2" x 5' 9" max (2.18m x 1.75m)  

COMMUNAL REAR GARDEN & BIKE STORE  

TENURE & CHARGES Leasehold - We understand from the Seller that the Lease has recently been extended to 189 years, with approximately 174 years unexpired and a Peppercorn Ground Rent

Estimated Service Charge - Last 6 month bill = £429.96 (period 24.06.23 - 24.12.23)

Council Tax: Band 'A' - £1,365.49 (2023/2024)

Energy Performance rating: Current Rating 'C'  

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Stamp Duty tax
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Mortgage and legal costs:
£999
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