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5 bedroom terraced house for sale
Purbeck Road, Bournemouth, Dorset BH2
£475,000
Purbeck Road, Bournemouth, Dorset BH2
£475,000
Our Summary
- Are you looking for a sound investment with incredible potential
- While the property currently sleeps 20, there is a potential to expand and increase capacity with the option of converting it into an HMO (House of Multiple Occupation)
- Don't miss out on this incredible investment opportunity
- With potential for expansion and diversification, you can maximise your investment by capitalizing on the reviving holiday rental market
Description
This established holiday let business in Bournemouth is a lucrative investment opportunity, with a guide price of £475,000 to £500,000. The property, which sleeps up to 20 people, has a proven track record of generating over £100,000 in annual turnover and a 15% gross yield. With a beautiful courtyard featuring a hot tub, the property caters to a specific niche, particularly hen parties, and is close to the town center and beaches. The property also has potential for expansion and diversification, including the option to convert it into an HMO, making it an attractive opportunity for investors seeking a stable income stream. With Bournemouth's strong tourism appeal and growing demand for quality holiday let accommodation, this property is poised for long-term financial success.