37 bedroom block of apartments for sale

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37 bedroom block of apartments for sale

Block of 32 Apartments, Ocean Court, Derby Road, Bournemouth, BH1
£4,950,000

Our Summary

  • Presenting a rare investment opportunity, this unbroken freehold block of 32 apartments is now available for sale
  • Situated in a highly sought-after central location, this property boasts tremendous potential for investors
  • However, savvy investors can see the potential to increase this yield to 7

Description

This rare investment opportunity presents a freehold block of 32 apartments in a highly sought-after central location, offering tremendous potential for investors. The block comprises a mix of 2-bedroom, 1-bedroom, and studio apartments, currently achieving a 6.06% rental yield, with potential to increase to 7.3%. The prime location provides convenience and accessibility to amenities, transport links, and leisure facilities, ensuring high demand for rental units. With all relevant rental figures available upon request, prospective buyers can make informed decisions about the income potential of this property. This block of apartments represents a rare chance to acquire a secure investment with excellent income potential, making it an attractive option for seasoned investors or newcomers looking to expand their portfolio.
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