Floorplan
MapGuide price
£675,000Block of apartments for sale
Commercial Road, Bournemouth
Added yesterday
Block of apartments
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Mixed use Commercial Apartments Retail
- Three x One Beds, One x Two Beds
- Town Centre Location
An outstanding opportunity to acquire a well-maintained mixed use investment property in the heart of Bournemouth town centre. This substantial building features a ground floor retail unit, generously complemented by three one bedroom flats and a spacious two bedroom flat aboveall of which are currently let, ensuring immediate rental income for investors.
The residential units generate a combined rent of £3,550 per calendar month (£42,600 per annum), whilst the recently let retail unit benefits from a new five-year repairing lease, achieving £1,000 per month (£12,000 per annum) plus VAT. The building has been kept to a good standard by the current owner, offering peace of mind to prospective purchasers looking for a turnkey investment.
Residents and tenants benefit from a maintained fire alarm system, as well as practical communal spaces including a cupboard and a designated rubbish store at the rear of the property. Although there is no allocated parking, the property's central location more than compensates, with all of Bournemouths urban conveniences right on the doorstep.
Set close to the vibrant Triangle and positioned on a busy trading route, the property enjoys high footfall from both locals and a steady stream of visitors. The immediate area is renowned for its eclectic mix of independent shops, restaurants, cafés, and cultural attractions. With excellent transport links, the golden sands of Bournemouth beach, charming gardens, and the bustling town centre all just moments away, this property is ideally situated for tenants seeking convenience and connectivity.
With its prominent location, solid rental yield, and broad appeal, this is an exceptional investment. Arrange your viewing today to fully appreciate the scope and potential of this centrally located opportunity.
The residential units generate a combined rent of £3,550 per calendar month (£42,600 per annum), whilst the recently let retail unit benefits from a new five-year repairing lease, achieving £1,000 per month (£12,000 per annum) plus VAT. The building has been kept to a good standard by the current owner, offering peace of mind to prospective purchasers looking for a turnkey investment.
Residents and tenants benefit from a maintained fire alarm system, as well as practical communal spaces including a cupboard and a designated rubbish store at the rear of the property. Although there is no allocated parking, the property's central location more than compensates, with all of Bournemouths urban conveniences right on the doorstep.
Set close to the vibrant Triangle and positioned on a busy trading route, the property enjoys high footfall from both locals and a steady stream of visitors. The immediate area is renowned for its eclectic mix of independent shops, restaurants, cafés, and cultural attractions. With excellent transport links, the golden sands of Bournemouth beach, charming gardens, and the bustling town centre all just moments away, this property is ideally situated for tenants seeking convenience and connectivity.
With its prominent location, solid rental yield, and broad appeal, this is an exceptional investment. Arrange your viewing today to fully appreciate the scope and potential of this centrally located opportunity.
About this agent
Homes & Steeple are a successful team of property professionals with a wealth of experience who are committed to providing you with the best possible experience, whether you are buying, selling or renting, with us. Located on the Triangle in Bournemouth , just moments from the town centre , we offer residential lettings sales and property management throughout the local area. We advertise a wide range of property from large family homes and student houses, to sleek modern apartments and trendy studios. For landlords and investors we can offer a full lettings service and for tenants we are committed to finding you your dream home in this beautiful area on the South Coast. We are proud member of ARLA/Property Mark. Members of the the property ombudsman for sales and lettings. Homes a& Steeple is also registered as a government Safe Agent.