7.3% yield on this great 3 bedroom ground floor flat in Bournemouth

Now, when I see a great Buy To Let deal in the market I like to let you guys know first no matter what agent is selling the property. Well we have just taken on a large 3 bedroom ground floor flat in Luckham Road, Bournemouth which has huge return potential for those looking to rent the property out - so I thought it would be worth sharing with you even though it’s one of my own (I won’t be too biased – promise!)

This ground floor flat comes recently refurbished and pretty much ready to let out straight away for the investment buyer. It is a spacious property where all 3 bedrooms are doubles and comes with a large garden making it a perfect family home.

Luckham Road is located just off of Charminster Road and is a fantastic area for lettings with high demand and good capital growth. The property is on the market a few pounds shy of £190k (£189,950) and I would estimate the rent you can achieve for this large property would be in the region of £1,150pcm. This provides a yield of 7.3% which isn’t too bad.

Along with the strong rental yield on the property, there is also a huge potential for capital growth.

This area is really high in demand for rental and owner occupier properties alike. In the last 6 years alone, the property has increased in value by £60k, that’s a capital growth of over 46% – for a flat!

If you combine the strong rental yield and the high potential of capital growth – you have a great investment property.

If you have a rental property you are interested in purchasing and would like another opinion – please let me know. I would be more than happy to discuss the demand, realistic rental amount, and future potential of the property as an investment, just drop me a email or call.

All the Best



Luke