Freehold 18 Room HMO in Bournemouth BH2 with Potential to Re-Develop or Extend
A rare opportunity to acquire a freehold 18 bed HMO in Bournemouth, BH2. The property has an immediate income of in excess of £100,000 per annum.
The building has been recently modernised and benefits from modern kitchens, bathrooms and all rooms are to a neutral and modern standard.
The property also benefits from two further rooms which could, subject to approval be let generating a further income in excess of £10,000 per annum based on current rental yields.
The breakdown of the property on offer is as follows:
• Excellent Location, Situated between Westbourne & Bournemouth
• Private Rear Garden
• 18 Modern Fully Occupied Rooms/ studios
• 2 Further Rooms which could be let subject to approval
• Modern Kitchens & bathrooms
*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but most satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Carlton Lodge, 58-60 Norwich Ave West, Bournemouth, Dorset, BH2 6AW