1 bed Flat For Sale £120,000
Norwich Avenue West, Bournemouth

* Superb Investment or First Time Buy * 115 Year Lease * Spacious One Double Bedroom Apartment in a Stunning, Sought After Seaside Location Between the West Cliff & Westbourne * Near By 5* Award Winning Sandy Beaches * Secure Entrance Intercom System * Separate Fitted Kitchen * Living Room * Three Piece Shower Room * No Forward Chain * On Street Parking * Spacious Entrance Hallway * Storage Cupboard & Loft Access * Current Rental Return £695pcm * EPC Rating - D *

Area - Situated in the Enviable Westbourne Location with Bournemouth's award winning Sandy Beaches, with its Promenade ideal for walking, running and cycling. Close to Bournemouth Town Centre (o.5 miles) with its variety of Shops, multiple Restaurants, Bars, Pier, Oceanarium, Cinemas and the new BH2 Leisure Complex. There is a main line train station at Bournemouth which provides direct links to London Waterloo as well as Southampton and Southampton Airport. Bournemouth International airport (6 miles) offers a varied schedule of flights to a number of European destinations.

Summary - A one double bedroom top floor apartment within a character building situated in a popular location between the Bournemouth Town Centre and Westbourne. The property is accessed via a secure telephone intercom system into a well maintained communal hallway. Stairs provide access to the top floor. There is a spacious entrance hallway with doors leading to all further accommodation. A three piece shower room, separate modern fitted kitchen, double bedroom and living room suitable for relaxing and dining. The property benefits from double glazing and electric heating. Outside there is non restricted parking on Norwich Avenue West and permit parking offered within the car park opposite the building.
The property has a tenant in situ who's tenancy currently runs until 15th July 2023.

Tenure - Tenure: Leasehold
Lease: 115 Years Remaining
Ground Rent: £195 per annum
Service Charge: £1,619.76 per annum
Reserve Fund: £232.56 per annum
Building Insurance: Included within service charge
Management Company: PPM Management
Current Rental Return: £695pcm = 6.95% Return on Investment.
Currently Rented - Until15th July 2023
Pets: tbc
Holiday Lets: Not Officially Permitted