1 bed flat for sale Green Road, Winton

Guide Price

£110,000

Added yesterday

For sale by auction

Type: Flat
Bedrooms: 1
Tenure: Leasehold

About this property

AN EXCELLENT INVESTMENT OPPORTUNITY in the popular WINTON area of Bournemouth, offered for sale with an EXISTING TENANT IN SITU and currently generating £735 PER CALENDAR MONTH in rental income. Situated in a convenient residential location within easy reach of WINTON HIGH STREET, local shops, amenities and transport links, this leasehold flat presents an appealing opportunity for investors looking to expand their property portfolio. INVESTMENT INFORMATION The property is being sold subject to the existing tenancy, with the current tenant remaining in occupation.

Floorplan

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Location

Green Road, Winton

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Mortgage and stamp duty

Property price £110,000

£55k £165k

Deposit10% £11,000

£0 £110k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £99,000 mortgage. Most lenders would want a household income of about £22,000 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.