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11 bedroom house of multiple occupation for sale
North Road, Poole, Dorset
£975,000
North Road, Poole, Dorset
£975,000
Our Summary
- Attractive Well-Maintained HMO Investment Opportunity Address: 109 North Road, Poole, BH14 0LU Property Type: 11 Bedroom, 10 Bathroom HMO (9 Ensuite + 1 shared bathroom), 1 WC Renovation Date: Renovated and Refurbished in 2022 Additional facilities: Parking at the front of the property, EV charging point (currently unused by tenants but has potential for use) and dedicated secure bike shed for up to 10 bicycles
- The combination of strong income potential, healthy yields, and a desirable location makes this HMO a solid investment opportunity
Description
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Here is a summary of the property description in a single paragraph:
This 11-bedroom, 10-bathroom HMO in Poole, UK, offers a well-maintained and professionally managed investment opportunity. Renovated in 2022, the property features parking, an EV charging point, and a secure bike shed. Located near Poole town centre and key employment zones, the property benefits from excellent transport links and proximity to Bournemouth University, driving demand from professionals and students. The town is undergoing regeneration, including a £140 million development, which will enhance the local economy and drive property value appreciation. The property generates a total annual income of £96,660, with a gross yield of 9.91% and a net yield of 7.42%, making it an attractive investment opportunity for those seeking steady rental yields and long-term capital growth potential.