Windsor Road Bournemouth Flat for sale BH5

Description
Street View

Property description

ATTENTION INVESTORS

A package of 5 properties made up a block of flats and 4 licensed HMO's with a current gross rental of circa 180,000 PA (circa 9%) and potential to increase this to nearly £200,000. The portfolio has rental history and runs very successfully making this a great and rarely available investment. The properties are based between Parkstone and Boscombe in popular letting areas. This investment will not sit on the market for long with return at this level so call us quickly to avoid missing out on this income opportunity.

Here are Descriptions of the 5 properties individually.

Ashley road.
For the investor that doesn't just want an average return... Situated on the parkstone high street makes renting rooms within this 6 bedroom multi occupancy property an easy task. All rooms are currently occupied under tenancy agreements and have private kitchettes in each. The house is licensed to operate as a HMO, there is further income from a bill board on the side of the building and former planning permission to build two garages at the rear which again could increase the income potential. Being an investment opportunity of this level we would suggest a conversation with a member of the team to establish the income.

Lytton road
Freehold HMO properties a short walk from the train station and town centre is a rare proposition but we are delighted to be offering exactly that. All rooms are currently let and the investor can expect returns close to 10% gross roi. Most rooms have been completely refurbished and have private kitchen and en suites. The house has potential to squeeze the current rents and could also fit another room to increase the yeild further. Being an investment opportunity of this level we would suggest a conversation with a member of the team to establish the income potential.

Lytton road
One of two freehold licensed HMO properties that we have available in this road and to think this is the smaller of the two is rather funny. With 7 letting rooms all occupied at present and subject to assured shorthold tenancy agreements. This location is fantastic for rental purposes as it is a short walk from both the train station and the town centre. There are not many freehold houses closer to the town centre then this one. Being an investment opportunity of this level we would suggest a conversation with a member of the team to establish the income potential. The property is part of a portfolio so has larger and smaller units in the same format so if you this doesn't suit or you are looking for more then 1 then call us to discuss the others.

Windsor road
7 studio and one bedroom flats in this freehold block situated in a popular location just off the boscombe high street a short walk from the local cafés and restaurants. The ever improving area is bournemouths focus for regeneration. The flats are all currently let and under assured short hold tenancies. With a current income of over £40,000 per year and potential to increase this to circa £44,000 (nearly 8% gross yeild), the flats are in good order and offer the opportunity for an investor to guarantee day 1 return on investment.
Being an investment opportunity of this level we would suggest a conversation with a member of the team to establish the income potential.

St Clements road
This freehold terraced property is arranged as two flats and offers a fantastic investment opportunity or home and income for someone. situated in a popular location just off the boscombe high street a short walk from the local cafés and restaurants. The ever improving area is bournemouths focus for regeneration so will benefit from capital appreciation as the areas popularity continues to improve. Currently let under assured short hold tenancies with long standing tenants at over £15000 per year and potential to increase this to nearer £17000 make this an attractive proposition for investors having two flats under one roof.

Churchill Road
The three flats that make up this building are further split to seven small rental units and currently awaiting retrospective planning permission for this conversion. As part of a portfolio sale there are other similar properties available for sale that give alternatives or further purchases. Situated over looking the park within a characterful property in Bournemaouths main focus for area regeneration. All units within the property are currently tenanted and under assured shorthold tenancies to give both security and day 1 return on investment. Whilst talking about return on investment the gross yeild on this property is currently £35,460 (nearly 9%) with potential to increase this by £3000 per year making it nearer to 10% gross. An income opportunity not to be missed so call us today to discuss this and any others that might suit within the portfolio.