Drummond Road, Bournemouth, Dorset, BH1

Property Details: • Type: Detached • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 2 High Street Ringwood, Hampshire BH24 1AF

Full Description: ***INVESTMENT OPPORTUNTY*** BLOCK OF TWELVE APARTMENTSThe property is situated on the western side of Drummond Road in the Boscombe area of Bournemouth. A three-storey detached block dating circa 2008, with brick elevations beneath a hip and gable roof overlaid with tile, comprising 12 flats, and with a forecourt providing space for six cars.The block is made up of one, two bedroom and studio flats. There is three on the ground floor, four on the first floor and four on the top floor. There is 4 studio, 6 one bedroom and 2 two bedrooms. There is a communal garden to the rear.The annual income for the block totals to £108,330 with a yield of 7.63%. (Potential increase to £120,000 PA with 8.4% yield)Please note, each flat has it's own EPC which can be provided on request.Please call us for more information.