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2 bed Flat For Sale £175,000
Florence Road, Boscombe, Bournemouth BH5


Description
** Holiday Let Apartment With Parking Near By The Beach ** A rare opportunity to purchase this furnished, holiday let apartment situated just 420m from 5* award winning sandy beaches. This ground floor apartment has it's own entrance is accessed via the right hand side of the building adjacent to it's allocated parking space. Entering the property you are welcomed by a large living area leading through to a modern, fully integrated kitchen. Further through the property leads to a contemporary bathroom, storage cupboard and two double bedrooms with a large wardrobe in the master.

Area

Boscombe is an extremely popular suburb of Bournemouth which is located to the south east neighbouring both Bournemouth town centre and Southbourne. Locally there are a number of great shopping facilities varying from well-established independent stores to the popular chains.

5* Award Winning Sandy Beaches, Pier, Promenade and Chine Gardens are comfortably unrivalled features, having undergone extensive investment and benefiting from Sea front restaurants, a surf school and popular bars/bistros selling local produce.

There is a main line train station at Pokesdown and Bournemouth which provides direct links to Southampton, Southampton Airport and London Waterloo. Bournemouth International airport (6 miles) offers a varied schedule of flights to a number of European destinations.

Description

A rare opportunity to purchase this furnished, holiday let apartment situated just 420m from 5* award winning sandy beaches. This ground floor apartment has it's own entrance is accessed via the right hand side of the building adjacent to it's allocated parking space. Entering the property you are welcomed by a large living area leading through to a modern, fully integrated kitchen. Further through the property leads to a contemporary bathroom, storage cupboard and two double bedrooms with a large wardrobe in the master.
Reefside was built in 2008 and to adhere to the planning permission requests, the ground floor of this block were given a 'section 106', requiring that the property is used for short-term/holiday lets for at least 6 months of the year. There is suitable usage for short or long term lets. The winter lets are usually tenanted by students of the local chiropractor college or language schools. Holiday lets are permitted all-year round with this apartment, however, you benefit from having the flexibility of having a longer term tenant over the quieter months. The estimated monthly rental income on a 5 month tenancy is £1,000pcm. This apartment is also exempt from Council Tax.

Tenure

Tenure: Leasehold
Lease Length: 85 years remaining
Service Charge: £1,400 per annum.
Buildings Insurance: Included in Service Charge
Block Reserve Fund: Included in Service Charge
Ground Rent: £200 per annum.
Holiday Lets: Permitted (S. 106 - The property must be used for short-term lets for at least 6 months per annum.)
Estimated Weekly Holiday Rental Income: £780-£860 per week in peak periods
Estimated Monthly Rental During Off Peak Periods: £750-£800pcm
Council Tax: Exempt from Council Tax

This information has not been verified and should not be relied upon as statement of fact, but it is given in good faith for guidance only. Applicants should make enquiries to satisfy themselves with regard to any restrictive covenants that may apply.

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