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4 bed flat for sale Columbia Road, Ensbury Park

Offers Over
£375,000

Added yesterday

Type
Flat
Bedrooms
4
Tenure
Freehold

About this property

FREEHOLD INVESTMENT COMPRISING THREE SELF-CONTAINED FLATS Clarkes are delighted to offer this established, income-producing freehold investment situated on Columbia Road in the popular Ensbury Park area of Bournemouth. Originally constructed as a 1930s house, the property has been extended and converted to provide three self-contained flats comprising two one-bedroom apartments and one two-bedroom apartment. The property is being sold under a single freehold title and benefits from a Certificate of Lawfulness confirming its established use as three separate residential units.

Floorplan

Council tax

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Location

Columbia Road, Ensbury Park

Mortgage and stamp duty

Property price £375,000
£187k £563k
Deposit10% £38,000
£0 £375k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £337,000 mortgage. Most lenders would want a household income of about £75,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

Marketed by
Clarkes Properties
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