Property With Potential logo Property With Potential - return to homepage
2 bed property, in High Street, £395,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

2 bed flat

High Street, Poole BH15
Planning
£395,000

Our Summary

  • Offering a rare blend investment and remarkable future potential, this expansive freehold building occupies a sought-after position on the lower stretch of Poole High Street
  • - *Development Potential:* Preliminary architect’s drawings suggest a transformation is possible, following pre-application discussions (subject to full planning permission)
  • The plans indicate scope for up to four further flats to the upper floors, allowing for a much-enhanced income stream and maximising the building’s value (see drawings for proposed layouts)
  • *For Investors & Developers Alike:* Offering established income alongside prospective growth, this distinctive freehold serves as an ideal addition to any portfolio or a strategic opportunity for those with vision for high street residential conversion
  • Enquiries and viewings are warmly invited to appreciate the full potential of this landmark property

Get alerted when similar properties are listed — Subscribe

Description

The property is a freehold character building occupying a sought-after position on the lower stretch of Poole High Street. The ground floor features a prominent commercial unit, currently let to a national tenant generating £25,000 per annum, and a gated rear service road provides secure off-street parking. Above the commercial unit is a spacious first-floor two-bedroom flat, laid out with open-plan kitchen and living space, modern bathroom, and bedrooms, currently producing £800 per calendar month.

Preliminary architect's drawings suggest the possibility of transforming the property into up to four additional flats, subject to full planning permission.