Property Unavailable
£95,000

North Lodge Road, Penn Hill, BH14 (ref: 12104)

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Key Features

  • Ground floor apartment
  • Leasehold - 125 years remaining (Brand new lease)
  • Ground rent - £150
  • Maintenance as and when
  • Energy rating - C
  • Projected rental income - £550 PCM
  • Gas central heating
  • No forward chain
  • Access to communal garden
  • Penn Hill location

What it's got?

An opportunity to acquire a studio apartment with a brand new lease in Penn Hill. As you walk through the front door you are immediately greeted by the kitchen. Following this is an open plan spacious studio room with shower room towards the back. A real benefit of this apartment is that it has gas central heating, has no forward chain and have access to the communal garden which is shared by just three flats. We feel that this would make an ideal first time buy or great investment which we predict achieving a 5.5% yield.

Where it is?

Situated minutes’ walk away of the affluent small village style parade of Penn Hill which hosts a selection of trendy bars and bistros, hair salons, convenience store plus more. You can easily get to Branksome train station with direct routes to Waterloo, London. In the opposite direction is the equally popular village of Ashley Cross and the beach and town centres are also with easy reach.

Stamp Duty Due

Based on a sale price of £95,000 the total amount of stamp duty payable will be:

*

Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

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Property Images

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Further Details

  • Status: Under Offer
  • Reference: 12104

Location

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