£425,000
7 bed flat for sale
St. Swithuns Road, Bournemouth BH1Freehold
7 beds
4 baths
2 receptions
Key information
Tenure
Freehold
Council tax band
About this property
**attention investors** Established Freehold Building Currently Split Into Two Flats
Can Be Purchased As On Going Concern With Tenants In Situ & All Furniture Included
Currently Achieving Total Rental Income £3150PCM (Tenanted Until August 2025)
Fantastic Rental History & Benefits From Established C4 Use
Perfect Location For High Yielding Investment Moments From Bournemouth Train Station, Beach & bu Lansdowne Campus
Flat A Consists Of Four Double Bedrooms, Communal Lounge, Kitchen, Two Bathrooms & Private Entrance
Flat B Consists Of Three Double Bedrooms, Communal Lounge, Kitchen, Two Bathrooms & Private Entrance
Current Yield 8.9% - Potential To Improve In Future & Increase Rental Return
St Swithuns Road In Heart Of University Area Making It Ideal Investment For Student Landlords
** attention investors ** A fantastic opportunity to acquire a high yielding buy-to-let investment in one of the countries biggest growing University towns. Whether you already manage a wide property portfolio or are just setting out as a private landlord this substantial freehold HMO is ideal. Situated in a very appealing letting area with easy access to transport links, local amenities and Bournemouth University bus stop providing a direct route to the Talbot Campus this property will be attractive to all types of tenants. Currently achieving £3150PCM (yield of 8.9%) with fixed term AST's until August 2025
Currently split into two separate flats this building provides a unique floorplan to suit the daily demands of student living. Both flats benefit from private entrances with Flat A consisting of four double bedrooms, large communal lounge, kitchen and two bathrooms. Flat B offers a further three double bedrooms, two bathroom. Lounge and kitchen. All furniture inside is included with the sale giving you the chance to acquire an ongoing buy-to-let which the current owners have always found easy to keep occupied for many years. The property is situated in St Swithuns Road moments from Bournemouth's vibrant town centre and University offering trendy cafes, bars, eateries and several student pubs. Positioned next door to the University Halls of Residence 'Dorchester House' and just a couple of minutes walk to a bus stop for a direct bus to the main University campus this property puts you at the heart of university life - demand for rental properties are high for in this area making it an ideal btl with huge potential to uplift the rental yield in the future.
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More information
Listed by
Enfields (Wimborne, Bournemouth)
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