Lotu.uk

 - UK Property Auctions

Currently listing 1,287 upcoming property auctions in the UK

Search more auctions
Income-Producing Leasehold Studio Apartment

Income-Producing Leasehold Studio Apartment

Address

Get access to view the address

See address

Auction date

16 Dec 2026

Guide price

£60,000

Type

Flat

Tenure

Leasehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This one-bedroom studio apartment in Bournemouth is presented as a well-positioned rental investment, with a tenant already in place and modern kitchen and shower-room finishes.

  • Open-plan bedroom and lounge area, modern fitted kitchen and contemporary shower room
  • Integrated electric oven and cooker, cupboard storage and natural-light-enhancing window
  • Leasehold, with 115 years remaining; annual ground rent of £250 and service charge of £2,475
  • Tenant in situ under a 12-month AST, paying £695 per month (£8,340 annually); no arrears reported
  • Council Tax Band A
  • 56-day completion

The existing tenancy provides immediate rental income, and the stated rent offers an investment opportunity without an initial vacant period. The leasehold interest has 115 years unexpired, with ground rent and service charge payable annually. The apartment is in Bournemouth town centre, within walking distance of shops, restaurants and leisure amenities; the beach and seafront are described as approximately five minutes away.

Last update: 04 Nov 2026

Similar property auctions

Search more auctions