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13 bedroom flat for sale
Southbourne Road, Southbourne, Bournemouth
£995,000
Southbourne Road, Southbourne, Bournemouth
£995,000
Our Summary
- INVESTMENT OPPORTUNITY - A detached block comprising 9 SELF CONTAINED BEDSITS, a one bedroom ground floor flat and a self contained THREE BEDROOM ground floor flat with PRIVATE GARDEN
- £81,000 PER ANNUM, with scope for improvement
Description
This investment opportunity comprises a detached block of 9 self-contained bedsits, a one-bedroom ground floor flat, and a three-bedroom ground floor flat with a private garden. The property generates a gross income of approximately £81,000 per annum, with potential for improvement. The bedsit rooms are let to long-term tenants with AST agreements, and each tenant is responsible for their own council tax. The property is located in a corner plot position, close to Southbourne's shops, amenities, and transport links. The property features off-road parking to the front and rear, as well as a detached garage with off-road parking, providing ample parking options.