Property Details

Wessex House, Gervis Place, BournemouthGuide Price £170,000

Communal 4th Floor Landing- click for photo gallery

Communal Stairwell- click for photo gallery

Communal Entrance Lobby- click for photo gallery

Communal Entrance- click for photo gallery

On MarketSimon & Co - 01202 805806SCO0001444

‘The Gallery’ - A two-double-bedroom, top-floor terrace apartment in Wessex House, Gervis Place, Bournemouth town centre.
Conveniently located for the shops, restaurants and amenities of Bournemouth Square and town centre (less than 300 yards)...
...Bournemouth Pier and beach (0.3 miles), Bournemouth Travel Interchange (0.9 miles) and the A338 (0.4 miles).
The accommodation comprises an entrance hall with a storage cupboard, two double bedrooms, a modern shower room and a lounge/diner with additional storage.
Further benefits include a southerly-facing terrace, a new consumer unit (2024) and UPVC double glazing.
Currently operating as a successful Airbnb, with an approximate gross yield of 21%.
Offered with no forward chain and vacant possession.

‘The Gallery’ - A two-double-bedroom, top-floor terrace apartment in Wessex House, Gervis Place, Bournemouth town centre. Conveniently located for the shops, restaurants and amenities of Bournemouth Square and town centre (less than 300 yards), Bournemouth Pier and beach (0.3 miles), Bournemouth Travel Interchange (0.9 miles) and the A338 (0.4 miles). The accommodation comprises an entrance hall with a storage cupboard, two double bedrooms, a modern shower room and a lounge/diner with additional storage. Further benefits include a southerly-facing terrace, a new consumer unit (2024) and UPVC double glazing. Currently operating as a successful Airbnb, with an approximate gross yield of 21%. Offered with no forward chain and vacant possession.

Entrance Via:
Communal front door from Gervis Place, communal stairwell to fourth floor, front door to:
Entrance Hall:26' 6'' max x 9' 10'' max (8.07m x 2.99m)
Part sloped ceiling (with skylight), radiator, low level cupboard (housing electric meter and consumer unit), doors to accommodation and door to:
Storage Cupboard:4' 5'' x 1' 8'' (1.35m x 0.51m)
(Not accessible at time of instruction - measured from the outside) - Providing storage.
Lounge/Diner:14' 9'' max x 13' 5'' max (4.49m x 4.09m)
Radiator, French doors to terrace, door to:
Storage Cupboard:2' 7'' x 2' 7'' (0.79m x 0.79m)
Housing an electric boiler (serving water-filled radiators), providing storage.
Kitchen:9' 10'' x 6' 5'' (2.99m x 1.95m)
Range of eye and base level units, integrated appliances (fridge/freezer, oven/grill with electric hob and extractor over, washer/dryer), space for dishwasher, radiator.
Bedroom One:13' 4'' max x 9' 11'' max (4.06m x 3.02m)
Sloped ceiling, two skylight windows to side aspect, feature cathedral style window to front aspect, and electric radiator.
Bedroom Two:12' 2'' max x 7' 2'' max (3.71m x 2.18m)
Sloped ceiling (with skylight), radiator.
Bathroom:8' 7'' x 5' 6'' (2.61m x 1.68m)
Sloped ceiling, extractor fan, fully tiled walls and floor, wash hand basin (with storage below), shower enclosure (with mixer controls and rainfall attachment over), ladder-style towel radiator, WC (with enclosed cistern).
Terrace:12' 8'' x 11' 8'' (3.86m x 3.55m)
South-easterly facing, enclosed by wall, balustrade and obscured glass panes, views of St. Peter’s Church, laid to patio tiles.
Tenure:
Leasehold - 125 years starting from January 1st 2022.
Service Charge:
c.£1590 per annum (including building insurance)
Ground Rent:
Peppercorn.
Parking:
There is no allocated parking space with the flat, however permits are available on designated roads and car parks Town Centre Outer yearly or half-yearly car park permit This permit is valid for: • Berry Court car park (0.3 miles) • Madeira Road Multistorey car park (0.5 miles) • Lansdowne Road car park (0.7 miles) • Cotlands Road car park (0.8 miles) It costs £595 for half a year, or £1,146 for 1 year. For more information and restrictions, please visit: https://www.bcpcouncil.gov.uk/parking/apply-for-or-renew-parking-permits
Agent Note For Investors:
Currently operating as an established short-term holiday let across Airbnb, Booking.com and the owners' own website, generating approximately £36,159 in annual turnover and an approximate gross yield of 21%. Offering an attractive, virtually 'turnkey' investment opportunity. The property benefits from an established online presence across multiple booking platforms (AirBnB, Booking.com & own website), an existing booking history and a proven track record of income generation. This provides a valuable head start for buyers looking to enter the holiday-let market, avoiding the need to build a new online presence, establish a booking history and generate initial guest reviews from scratch.

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