18 bedroom block of apartments for sale

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18 bedroom block of apartments for sale

Skinner Street, Poole, BH15
£2,500,000

Our Summary

  • Ideal investment opportunity
  • The block is a low rise, purpose built block constructed in the 1980's and offers huge potential for further extension (subject to planning)

Description

Ideal for investors or those looking for a sizeable property in the heart of Poole, this block of apartments presents a lucrative opportunity with a solid income as holiday lets, generating around £120,000-£150,000 per annum. Situated within 200 meters of Poole Quay, this low-rise development from the 1980s comprises 9 two-bedroom apartments and 3 garden flats, all with their own allocated parking spaces. The property is a short walk from Poole High Street, offering a range of shops, and is well-served by local amenities and transport links, including a mainline railway station. The apartments are equipped with electric storage heaters and radiators, and double glazing, and the block benefits from a new 125-year lease. It is vacant and can be purchased fully furnished, making it a turnkey investment. The development also has potential for further extension, subject to the necessary planning permissions.
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