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10 bed semi-detached house
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Our Summary
- Development Potential
- Potential To Extend STPP
- Garage & Car Port (potential to develop STPP)
- An outstanding investment opportunity awaits on Spencer Road, Bournemouth, presenting a versatile property with significant income generation and future development potential
- Beyond its immediate income, this property offers considerable scope for enhancement and expansion
- There is significant HMO (House in Multiple Occupation) potential, allowing for a reconfiguration to maximise rental yield, subject to the necessary planning consents
- Furthermore, the existing structure presents exciting development potential, offering the possibility to redevelop or extend the property, again subject to planning permission
- These external features also hold development potential, with the possibility of converting or extending these structures, subject to planning permission, to create additional living space or amenities
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Description
The property is a substantial house on Spencer Road in Bournemouth, currently configured as six self-contained flats. The house has a rear garden, garage, and car port, providing valuable outdoor space and secure parking. There is also significant development potential, with the possibility of redeveloping, extending, or reconfiguring the property to create additional units or enhance the existing ones, subject to planning permission.
The property sits in a prime location, with proximity to local amenities, shops, restaurants, and leisure facilities, as well as Bournemouth University and the A338 road network.