Property Details

INVESTMENT PROPERTY - Bournemouth

To Let - Available
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  • Bed
  • Front
  • Kitchen

Property ID: C6477

To Let Offers over £500000
8 Bedrooms

Features

  • 3 Studio Units and 4 HMO rooms

Address

  • 38 Purbeck Road, Bournemouth, BH2 5EF

SITUATION AND DESCRIPTION
Situated in Bournemouth Town Centre close to the West Cliff. All amenities are within walking distance including the Square, Bournemouth International Centre, the beach and the travel interchange for national express and Bournemouth main train station.

The premises benefit from a HMO licence. There are currently 7 units available which are all fully let. The property has recently been refurbished internally and the external building has been repointed and the roof has been re-slated. Other benefits are UPVC double glazing, laminate flooring throughout, entry phone system.

ACCOMMODATION
3 Studio Units
4 HMO rooms (each with wash hand basin)
Communal Dining area
Share Kitchen
2 Shower Rooms with WCs
Separate WC
Loft Room (potential to create additional unit)

NB Unit 1 (outlined red on plan is not included)

Outside there is a bin store and enclosed rear yard with gate into access lane.

EPC RATING F

RATEABLE VALUE –
Council Tax Band C

RENTAL INCOME
As at 27th December 2017:
Unit 5 £200 per week
Unit 2 £195 per week Unit 6 £115 per week
Unit 3 £115 per week Unit 7 £210 per week
Unit 4 £110 per week Unit 8 £100 per week
Total Rental Income £1,045 per week

PLANNING
Long established Class C3 dwelling houses
We are informed that an HMO licence for 7 rooms is presently held and that an established use certificate for the current arrange is being obtained.

TENURE
Freehold

PRICE
Offers over £500,000 to include goodwill, furnishings, fittings and equipment.

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

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