Institute Road - Flat 3, Swanage, BH19

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Purplebricks - Covering Bournemouth Phone: 01202 984741

The Property<br/>Occupying a quiet second-floor position to the rear of a substantial period building, this well-presented one-bedroom flat is ideally situated in the heart of Swanage town centre — just a short walk from the seafront, beach, and all local amenities.<br/><br/>The property offers a ready-made investment opportunity, currently let on a long-term tenancy at £650 per calendar month.<br/><br/>Accommodation<br/><br/>Communal Entrance<br/>Accessed via a part-glazed front door with stairs leading to the second floor.<br/><br/>Entrance Lobby<br/>Private front door, electric meter and fuse box.<br/><br/>Hallway<br/>Radiator and central heating thermostat.<br/><br/>Open Plan Kitchen/Living Room<br/>Bright and airy living space with obscure double-glazed window. The kitchen has been re-fitted by the current owner, featuring modern units, single drainer sink with mixer tap, work surfaces with drawers and cupboards below, space and plumbing for washing machine, electric cooker point, wall cupboards, tiled splashbacks, and a Worcester gas boiler.<br/><br/>Bedroom<br/>Double bedroom with dual aspect (south and west-facing) windows and radiator.<br/><br/>Shower Room / W.C.<br/>Re-fitted to a high standard with obscure double-glazed window, low-level W.C., shower cubicle with mains shower unit, vanity wash basin with mixer tap, and towel radiator.<br/><br/>Tenure & Maintenance<br/><br/>Leasehold: 125 years from 26th May 2023 (122 years remaining)<br/><br/>Ground Rent: Peppercorn<br/><br/>Service Charge: 1/11th share (latest invoice £181.97 for Sept 2024)<br/><br/>Construction: Standard<br/><br/>Heating: Mains gas central heating<br/><br/>Broadband: FTTC available<br/><br/>Mobile coverage: Check via checker.ofcom.org.uk<br/><br/>Council Tax<br/><br/>Band A — £1,792.96 payable for 2025/26 (excluding discounts).<br/><br/>Investment Summary<br/><br/>This attractive and low-maintenance property offers a strong investment opportunity in a highly sought-after seaside location. With a tenant in situ, recent modern upgrades, and long lease, it’s a perfect turnkey buy-to-let with consistent rental returns.<br/><br/><b>Property ownership information</b><br/><br/>Ground rent review period: No review period<br/><br/>Service charge review period: Every 1 year<br/><br/>Lease end date: 01/01/2127<br/><br/>Property Description Disclaimer<p>This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.</p><p>Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.</p><br/>