6 bed semi-detached house for sale

Donoughmore Road, Bournemouth BH1

An investment portfolio consisting of six flats in a very large, semi-detached, Victorian house. This portfolio has the benefit of the freehold title and overall offers great potential for an investor with an approximate 7.2% gross yield. Great AirBnB opportunity (Yield will grow substantially).

Full Description

An investment portfolio consisting of the freehold and six studio flats in a large semi-detached house. Situated in a convenient location within walking distance to Boscombe High Street, all major bus routes and Boscombe Gardens which lead to the seafront and pier. Due to the location, all six flats have a proven rental track record. Gas central heating to the whole building, U.P.V.C. Double glazing and security entry system.

Award Winning Sandy Beaches, Boscombe Pier and Boscombe Chine Gardens are all nearby. There is a main line train station at Pokesdown and Bournemouth which provide direct links to Southampton, Southampton Airport and London Waterloo. Bournemouth International airport is approx.6 miles distance.
An ideal Airbnb opportunity.

Flat 1 has been sold separately and has a 125 year lease with £250p.a. Ground rent.

Flat 2 – Ground Floor Studio Rental Income - £709pcm
Flat 3 - First Floor Studio Rental Income - £622pcm
Flat 4 – First Floor Studio Rental Income - £755pcm
Flat 5 – First Floor Studio Rental Income - £680pcm
Flat 6 – Second Floor Studio Rental Income - £825pcm
Flat 7 – Second Floor Studio Rental Income - £775pcm
Approx. Total rental income: £52,392 per annum.
Current approximate gross yield: 9.6%

Tenure: Freehold

N.B. Under section 21 of the 1979 estate agency act we declare that the vendor is connected to Saxe Coburg Property Experts

All information has not been verified and should not be relied upon as statement of fact, but it is given in good faith for guidance only.