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2 bed flat
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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
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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.