This property has been taken off the market.
13 Bed Detached House For Sale Palmerston Road, Bournemouth, BH1
£1,250,000- Detached
1 of 1
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Last Updated: 30th March 2024
Description
FREEHOLD INVESTMENT OPPORTUNITY -- 10.75% YIELD -- MIXED USE -- 4 LOCK UP SHOPS -- 13 STUDIOS (8 AUTHORISED, 5 UN-AUTHORISED) -- FULLY LET, GENERATING APPROX £134,000 PER ANNUM
\rCurrently fully let and generating approximately £134,000 per annum. Arranged as 4 lock up shops and 13 studios (8 authorised & 5 unauthorised).
Planning history
7-2008-5566-R Outline submission for the erection of a 4 storey block consisting of retail/office unit and 6 flats was granted in Jan 2009.
7-2019-5566-AA Lawful Development Certificate for an existing use of the first and second floors as 8 self-contained studio flats was granted in January 2020.
Contact us for further information.
\rCurrently fully let and generating approximately £134,000 per annum. Arranged as 4 lock up shops and 13 studios (8 authorised & 5 unauthorised).
Planning history
7-2008-5566-R Outline submission for the erection of a 4 storey block consisting of retail/office unit and 6 flats was granted in Jan 2009.
7-2019-5566-AA Lawful Development Certificate for an existing use of the first and second floors as 8 self-contained studio flats was granted in January 2020.
Contact us for further information.
Agent Details
Frost & Co Estate Agents
20, Poole Hill, Bournemouth, BH2 5PS
Show Contact Number
01202 311 888
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.