House For Sale £2,500,000
RARE OPPORTUNITY TO PURCHASE A FREEHOLD SITE IN THE CENTRE OF BOURNEMOUTH, BH2.
Originally a Victorian villa and coach house, now converted and consisting of multiple apartments and room rents, this unique freehold site has current tenants in situ which provides a great investment opportunity. With current occupants in situ, the building has a current income of over £150,000 ANNUALLY.
Location
This unique building is located approximately one mile from Bournemouth train station and seven miles from Bournemouth Airport, which has seasonal direct flights to most western European countries. The M27 motorway is situated just 15 miles from the building and connects Bournemouth to other locations along the South Coast and the M3 motorway towards London.
There are many popular tourist attractions nearby, including Bournemouth Pier, Bournemouth International Centre, Poole Harbour and The Russell-Coates Museum.
Features
Prominently located on Wimborne Road, the site offers an extensive plot. With all flats and rooms fully equipped and up to date, they have been rented out for a period of 20 years. Flats offer private and communal entrances and an allocated parking space each.
Letting Accommodation
7 Flats (Held on 12 Month AST Contracts)
6 Room Rents
Plus Owners Accommodation
Trading / Business
The current business model has been a well-established operation for a long period of time and is forecasted to generate surplus of £150,000 annually.
Pricing
£2,500,000 to include acquisition of the freehold site with tenants in situ.
EPC Rating: C
