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37 bedroom block of apartments for sale
Derby Road, Bournemouth BH1
£4,950,000
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 the potential to increase to 7.3%. The property's prime location provides convenience and accessibility to amenities, transport links, and leisure facilities, ensuring high demand for rental units. With the ability to provide all relevant rental figures 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 ideal opportunity for investors seeking a profitable venture.