One-bedroom flat in popular Boscombe location

Town & Country Property Auctions are delighted to offer For Sale by Public Auction this excellent opportunity for landlords looking to start or expand their property portfolio, with this studio apartment in a popular Boscombe location being offered with a tenant already in situ and currently producing £700 per calendar month (£8,400 per annum). Flat 4, 28 Argyll Road provides an attractive opportunity to acquire an investment property with an established rental income from day one, avoiding the need to find a new tenant following completion. The property is situated in a popular and well-established residential area of Boscombe, within easy reach of local shops, amenities, transport links and the seafront. The location provides a strong rental proposition and is well suited to landlords seeking property in the Bournemouth area. Portfolio Building Opportunity This property could be particularly appealing to landlords looking to add another unit to an existing portfolio or those looking to establish a presence in the Bournemouth rental market. Key features include: Studio apartment in popular Boscombe location Tenant in situ Current rent of £700 pcm / £8,400 per annum Established rental income from completion Excellent opportunity for landlords looking to start or expand a portfolio Close to local amenities, transport links and Bournemouth's seafront A fantastic opportunity to acquire an income-producing Bournemouth property in a location that is well suited to the private rental market. Prospective purchasers should make their own enquiries regarding the tenancy, rental agreement, property condition, lease, service charges, ground rent and all other matters relating to the property prior to bidding. Viewings are highly recommended. The property will be entered into our 28th October auction which is held online and starts at 10am. You must register to bid and download the legal pack. PROPERTY FEATURES . Number of Bedrooms: 1 . Reception Rooms: 0 . Allocated Parking Space . Council Tax Band: A . Market Value: £90,000 . Rental Value Per Month: £700 current rental . 56 Day Completion ADDITIONAL INFORMATION . Property Tenure: Share of Freehold . Length of lease remaining: 988 Years . Annual ground rent: None . Annual service charge: £1505 TENANCY INFORMATION . Tenancy Term: 12 month . Tenancy Start Date: . Tenancy Type: AST . Are the Tenants in Arrears: No VIEWING ARRANGEMENTS We will be holding viewing slots, please call us on 01202 143399 The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.