13 bedroom block of apartments for sale

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13 bedroom block of apartments for sale

Durley Chine Road, Westbourne, Bournemouth
£1,400,000

Our Summary

  • Investment Opportunity – Kensington Lodge, Bournemouth
  • 7% yield, this is an ideal investment for those seeking a turnkey investment with renovation potential

Description

Kensington Lodge, a unique investment opportunity in Bournemouth, offers 11 fully tenanted rooms with ensuites, as well as a modern two-bedroom apartment with a large deck and garden. The property generates approximately £80,000 per annum, with a gross yield of 5.7%. Located just a short distance from the town centre and Westbourne, it provides convenient access to Bournemouth's renowned beaches, shopping, and leisure facilities. The two-bedroom apartment features a spacious lounge and dining area, modern kitchen, and two well-appointed double bedrooms with ensuites. The property also includes 11 tenanted rooms with ensuites, sharing communal kitchens and laundry facilities. With renovation potential and a turnkey investment, this property presents a rare opportunity for investors seeking a 5.7% yield in a sought-after coastal location.
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