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Guide price
£900,000

11 bedroom detached house for sale

Grosvenor Gardens, Bournemouth
Added yesterday
Detached house
11 beds
8 baths
EPC rating: C
Added yesterday

Key information

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Features and description

  • Rare investment opportunity
  • Two neighbouring detached freehold houses
  • Licenced & arranged as 8 separate flat lets
  • £81,000 annual income (8.5% yield)
  • Ready made investment long term income
  • All fully let
  • One landlord owner
  • Close to boscombe high street shops
  • Easy reach of restaurants & beach
HOUSE & SON Guide Price £900,000 to £950,000 For Two Neighbouring Detached Freehold Licenced Houses - As 8 Flatlets (£450,000- £475,000 each property) All currently Let.
£81,000 current combined income: Approx. 8.5% Yield.

House & Son are delighted to offer for sale this very rare and exciting investment opportunity; comprising two refurbished neighbouring character Freehold investment properties. Arranged as 8 licenced Flatlets, the perfect ready to go investment; all fully let and income producing!

Ideally positioned within close proximity to local amenities. The properties are conveniently located near Boscombe High Street, with its array of shops and restaurants, and are within easy reach of award-winning beaches, Boscombe Gardens, and the seafront.

Each detached property is arranged over three floors and has been cleverly configured to provide four self-contained flats per building (eight flats in total). The combined rental income is approximately £81,000 per annum, making this an attractive proposition for investors.

In brief, each property comprises a two-bedroom ground floor flat, a first-floor studio flat, a one-bedroom first-floor flat, and a two-bedroom second-floor flat. Each flat benefits from its own fitted kitchen and bathroom, along with gas fired central heating.

Externally, the properties further benefit from enclosed courtyard gardens to the rear.

A rare opportunity to acquire a well-located, income-producing investment in a popular coastal location. Early viewing is highly recommended.


PROPERTY ONE FLAT 1: (2 BEDROOM GROUND FLOOR FLAT)
LIVING ROOM / KITCHEN (OPEN PLAN) 20' 3" x 12' 7" (6.17m x 3.84m)
BEDROOM ONE 14' x 11' 8" into bay(4.27m x 3.56m)
BEDROOM TWO 11' 1" x 9' 9" (3.38m x 2.97m)
SHOWER ROOM 9' 4" x 4' (2.84m x 1.22m)

FLAT 2: (1ST FLOOR STUDIO FLAT)
LIVING ROOM / BEDROOM 14' x 12' (4.27m x 3.66m)
KITCHEN 6' 4" x 5' 6" (1.93m x 1.68m)
SHOWER ROOM

FLAT 3: (1ST FLOOR ONE BEDROOM FLAT)
ENTRANCE HALL
LOUNGE 14' 8" x 11' 6" (4.47m x 3.51m)
KITCHEN 10' x 5' 4" (3.05m x 1.63m)
BEDROOM 13' 6" x 12' 6" (4.11m x 3.81m)
BATHROOM 7' 7" x 5' 7" (2.31m x 1.7m)

FLAT 4: (2ND FLOOR - 2 BEDROOM FLAT)
STAIRS RISING TO 2ND FLOOR LANDING
LOUNGE 18' 0" x 11' 0" x7' 9(5.49m x 3.35m) 8ft ceiling height
KITCHEN 10' 10" x 5' 3" (3.3m x 1.6m) 8ft ceiling height
BEDROOM ONE 12' 8" x 12' (3.86m x 3.66m) 8ft ceiling height
BEDROOM TWO
BATHROOM 7' 4" x 6' 7" (2.24m x 2.01m) 6'7 " ceiling height


PROPERTY TWO FLAT ONE: (2 BEDROOM GROUND FLOOR FLAT)
LIVING ROOM 12' x 11' 0" (3.66m x 3.35m)
KITCHEN 13' 1" x 7' 9" (3.99m x 2.36m)
BEDROOM ONE 14' 2" x 13' 0" Into bay (4.32m x 3.96m)
BEDROOM TWO 12' 0" x 9' 7" (3.66m x 2.92m)
SHOWER ROOM 9' 10" x 3' 10" (3m x 1.17m)

FLAT 2: (1ST FLOOR ONE BEDROOM STUDIO FLAT)
LIVING ROOM/BEDROOM 13' 2" x 12' 6" (4.01m x 3.81m)
KITCHEN 6' 7" x 5' 8" (2.01m x 1.73m)
SHOWER ROOM

FLAT 3: (1 BEDROOM 1ST FLOOR FLAT)
ENTRANCE HALL
LOUNGE 13' 9" x 12' 8"into bay (4.19m x 3.86m)
KITCHEN 11' x 5' 5" (3.35m x 1.65m)
BEDROOM 13' 3" x 11' 9" (4.04m x 3.58m)
BATHROOM 9' 5" x 4' (2.87m x 1.22m)

FLAT 4: (1 BEDROOM 2ND FLOOR FLAT)
PRIVATE ENTRANCE
LIVING ROOM 17' 5" x 17' 2" (5.31m x 5.23m) 8ft ceiling height
BEDROOM 12' 4" x 9' 5"x8' 7" APPROX (3.76m x 2.87m) 8ft ceiling height
BATHROOM 6' 10" x 9' 8" (2.08m x 2.95m) 10ft ceiling height


EPC'S Property One:
Flat 1 Rated 'C'
Flat 2 Rated 'C'
Flat 3 Rated 'C'
Flat 4 Rated 'D'

Property Two
Flat 1 Rated 'C'
Flat 2 Rated 'D'
Flat 3 Rated 'E'
Flat 4 Rated 'C'


DISCLAIMER Please note that while every effort is made to ensure the accuracy of the information provided, errors and omissions can occasionally occur. The details supplied regarding lease terms are based on information obtained from the Land Registry and other relevant sources at the time of review.

Any building alterations, consents, or planning permissions relating to the property have not been verified by House & Son. Verification of such matters, as well as confirmation of lease details and any other legal documentation, should be undertaken by the purchaser's or purchaser's legal representative prior to reliance or completion of any transaction.

House & Son accepts no liability for any loss or inconvenience arising from reliance on information provided in error, save as otherwise required by law.

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House & Son - Winton
House & Son - Winton
348 Wimborne Road Bournemouth BH9 2HH
01202 060409
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House and Son leading Independent estate agents offering the four valued property services - sales, letting, surveys and property management. So whatever your property needs House and Son has it covered! House an Son have delivered successful property transactions for over 75 years and is one of Bournemouth longest established estate agents.
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