Investment Properties for sale in Bournemouth

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Established Home & Income HMO

Bournemouth, Dorset, England

  • Freehold Price: £585,000
Seller Reference: H11505
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Business Description
 
 
 
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Seller Reference: H11505
Request Details
Business Description
Goadsby Commercial present deceptively spacious Victorian property. Ideal home and income. Easy access to Bournemouth and Christchurch Town Centres. Valuable HMO licence. Improvement programme including re-plumbing, re-wiring, re-roofing and re-plastering. Flexible accommodation. Recent gas fired central heating throughout. Extensively double glazed. Garden and parking. Genuine reason for sale. Floor plan available by request.

SUMMARY OF ACCOMMODATION
8 Letting Rooms (2 en-suite, 3 with shower). 3 Shared Kitchens. NB The Ground Floor can be re-arranged to provide a 1 or 2 bedroom self-contained flat.

LOCATION
Shopping thoroughfare and main bus route within 100 yards. Pokesdown Mainline Railway Station just over 350 yards. Kings Park within ½ mile. Boscombe Pier just over 1 mile. Bournemouth just over 2 miles. Christchurch approx. 2¾ miles.

TRADING & BUSINESS
The rent roll at 15th October 2020 was:

Room 1 £575 pcm Room 4 £500 pcm Room 7 £525 pcm
Room 2 £495 pcm Room 5 £450 pcm Room 8 £500 pcm
Room 3 £515 pcm Room 6 £400 pcm TOTAL £3,960 PCM

LICENCES/PERMISSIONS
We are informed an HMO licence is currently held for up to 15 persons.

RATEABLE VALUE
Council Tax Band “E”. Information taken from the Valuation Office Agency website.

TENURE
FREEHOLD.

PRICE
£585,000 to include goodwill, furnishings, fittings and equipment as per inventory to be prepared.
Location Details:
Shopping thoroughfare and main bus route within 100 yards. Pokesdown Mainline Railway Station just over 350 yards. Kings Park within ½ mile. Boscombe Pier just over 1 mile. Bournemouth just over 2 miles. Christchurch approx. 2¾ miles.
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