This property is no longer on the market
9 bedroom block of apartments
Key information
Property description & features
- Investment Property
- 5 Bedroom HMO
- Four Studio Flats
- Shop & Storage Unit
- Fully Let
- Producing £61,790 Per Annum Gross
- Close to Bournemouth Town Centre
- Near Train Station & Road Links
The property comprises a five bedroom House of Multiple Occupation, four studio flats, a shop and a lock up storage unit. It is currently fully let and produces a gross rental of £61,790 per annum as per the schedule below. The property would make an ideal addition to a rental investment portfolio
Five Bedroom House of Multiple Occupation plus Studio Flat:
Room 1 - let for £350 per month (includes bills)
Studio Flat (2) - let for £660 per month (includes bills)
Room 3 - let for £415 per month (includes bills)
Room 4 - let for £445 per month (includes bills)
Room 5 - let for £455 per month (includes bills)
Room 6 - let for £475 per month (includes bills)
Shop & Storage Unit:
Shop - let for £380 per month
Storage Unit at the Rear - let to the shop for £250 per month
Studio Flats Located to the Rear (Accessed via a pathway from Lowther Gardens)
Unit 2, 3 The Lane - let for £575
3b The Lane - let for £595
3 The Lane - let for £549.24
Gross rental income £61,790.88 (Minus Council Tax and Utility Bills for HMO Rooms + Studio)
Property information from this agent
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Clear: No bars, no signal predicted
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Energy Performance data and Internal floor area
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