2-bedroom flat · BH2 5EA
To rentReduced £105 (−7%) on 13 OctListed 36 days · slow let
Opportunity summary
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About
Contemporary two double bedroom apartment, located on ground floor in Bournemouth Centre, just minutes from stunning beaches and BH2 Complex.
Stylishly furnished with ensuite to master bedroom, built-in wardrobes, open plan lounge w/ private balcony, modern fitted kitchen with integrated appliances, two bathrooms and secure underground parking for one car.
Contemporary two double bedroom apartment, located on ground floor in Bournemouth Centre, just minutes from stunning beaches and BH2 Complex.
Stylishly furnished with ensuite to master bedroom, built-in wardrobes, open plan lounge w/ private balcony, modern fitted kitchen with integrated appliances, two bathrooms and secure underground parking for one car.
This landlord will only consider applicants with an income of at least £45,000 per annum (jointly).
Forms of considered income are: * Basic salary for contracted hours only * Tax Credits * Pensions or a mixture of these.
Forms of income which will be considered on a case-by-case basis are: * Commission * Self-employment * Dividends * Liquid funds * Benefits awarded by means of a benefit award letter Applicants who smoke, and those who are students or sharers will not be considered for this property.
The tenancy deposit will be registered on an Insured basis with Deposit Protection Scheme (dps). A refundable holding deposit of £346 is payable upon acceptable of your application.
All income must be evidenced by documents. Applicants cannot be considered without the above income requirement also being met.
Consideration is given to those who are legally disabled or in receipt of Personal Independence Payment (pip), formerly Disability Living Allowance (dla).
All applicants are expected to have a clean credit score and a positive landlord reference if they are currently in rented accommodation.
Applicants will be asked to produce government issued photographic id as well as a recent proof of address such as a utility bill, a council tax bill or a letter from your employer, but not a bank statement or a mobile phone bill.
We would ask for your cooperation in order that there will be no delay in agreeing the let (subject to references and subject to contract). Please contact Martin & Co Bournemouth for full details.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 102 The Summit, Upper Terrace Road, Bournemouth
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