Property Details

11 BEDROOM HMO FOR SALE - Bournemouth

For Sale - Available
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Property ID: C6432

For Sale £775,000 freehold

Features

  • Residential locatin close to Bournemouth train station and town centre

Address

  • 24 Carlton Road, Bournemouth, BH1 3TG

SITUATION AND DESCRIPTION
Carlton Road is a residential area which is close to all amenities including the train station, Asda superstore and within easy access of the town centre.

The subject premises is an 11 bedroom HMO set over basement, ground, first and second floors.

ACCOMMODATION
Basement
Living Room
Bedroom 1 with en-suite
Bedroom 2 with en-suite
Ground floor
Dining Room
Kitchen
Bedroom 3 with en-suite
Bedroom 4 with en-suite
First floor
Bedroom 5
Bedroom 6
Bedroom 7
Bedroom 8
Communal shower room and WC
Separate WC
Second floor
Bedroom 9
Bedroom 10
Bedroom 11
Communal shower room with WC

PRICE

£775,000 FREEHOLD.  Incentive for early completion. The property currently achieves £75,000 p.a. with bills being circa £6,500 p.a.

Alternatively a rent back scheme can be offered to the buyer at £49,000 p.a. for a 5 year lease.

The property benefits from a £510,000 mortgage at a 5 year fixed rate of 4% p.a. The property is owned by a limited company that can be purchased as a share transfer (no stamp duty) and so only the difference between the purchase price and the mortgage (£265,000) is required.

This re-mortgage has just completed late last year.

 

LEGAL FEES
The incoming tenant will be responsible for their own legal fees.

PLANNING
Please see over for details of HMO Licence.

VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

VIEWING AND FURTHER DETAILS

By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Property Map
Call today to discuss your property needs on 01202 551 821 for Commercial, 01202 552 236 for Residential or 01273 771 393 for Brighton