GFF, 38, Richmond Park Road, BOURNEMOUTH, Dorset, BH8 8TG
starts 09:30 AM at Grand Connaught Rooms
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Located in popular residential & investment area
The Lease is dated 27th June 1986 for a term of 125 years commencing from 27th June 1986 with a peppercorn ground rent.
The property is conveniently located in an established residential area with immediate access to the main A338 along with Queens Park and Boscombe which offers local amenities. The property is well positioned to serve working tenants needing access to the town centre and surrounding areas.
A large ground floor apartment arranged as a 6 bedroom HMO investment unit producing £38,340 gross which includes the tenants bills. The property would be ideal for professional investors looking for a strong yield return in a popular and vibrant residential area.
Ground Floor: Side Entrance Hallway, Bedroom One, Shower Room, Bedroom Two, Bedroom Three, Bedroom Four, Living Room, Inner Hallway, Shower Room, Kitchen, Bedroom Five. Bedroom Six.
Outside: The property enjoys an area of garden located to the left hand side at the rear.
Council Tax Band C
All rooms are let on a monthly agreement/licence with 1 months due notice fromeither party at the following rents:
Room 1 - £500 PCM from 01/06/22
Room 2 - £535 PCM from 09/04/22
Room 3 - £575 PCM from 01/05/22
Room 4 - £500PCM from 07/05/22
Room 5 - £535 PCM from 07/04/22
Room 6 - £550 PCM from 07/05/22
Copies of the agreements will be included within the legal pack and buyers are advised to satisfy all enquiries regarding the status of the tenancies prior to bidding.
Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.
Information about this lot will be sent to your friend.