This property has been taken off the market.
6 Bed Semi-Detached House For Sale Donoughmore Road, Bournemouth, BH1
£625,000- Semi-Detached
1 of 12
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Last Updated: 18th April 2024
Description
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 flats in a very 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 are invariably easy to tenant and there is a consistent proven rental record. All flats offer gas central heating, U.P.V.C. double glazing and security entry system.
Award Winning Sandy Beaches, Pier, Promenade and Chine Gardens are all nearby. There is a main line train station at Pokesdown and Bournemouth which provides 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 - £645pcm
Flat 3 - First Floor Studio Rental Income - £515pcm
Flat 4 – First Floor Studio Rental Income - £687pcm
Flat 5 – First Floor Studio Rental Income - £649pcm
Flat 6 – Second Floor Studio Rental Income - £750pcm
Flat 7 – Second Floor Studio Rental Income - £750pcm
Tenure: Freehold. Approx. total rental income: £47,952 per annum. Current approximate gross yield: 7.4%
N.B. Under section 21 of the 1979 estate agency act we declare that the vendor is connected to Lovett Estate Agents.
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.
Full Description - An investment portfolio consisting of the freehold and six flats in a very 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 are invariably easy to tenant and there is a consistent proven rental record. All flats offer gas central heating, U.P.V.C. double glazing and security entry system.
Award Winning Sandy Beaches, Pier, Promenade and Chine Gardens are all nearby. There is a main line train station at Pokesdown and Bournemouth which provides 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 - £645pcm
Flat 3 - First Floor Studio Rental Income - £515pcm
Flat 4 – First Floor Studio Rental Income - £687pcm
Flat 5 – First Floor Studio Rental Income - £649pcm
Flat 6 – Second Floor Studio Rental Income - £750pcm
Flat 7 – Second Floor Studio Rental Income - £750pcm
Tenure: Freehold. Approx. total rental income: £47,952 per annum. Current approximate gross yield: 7.4%
N.B. Under section 21 of the 1979 estate agency act we declare that the vendor is connected to Lovett Estate Agents.
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.
Agent Details
Lovett Estate & Lettings Agents
716, Christchurch Road, Bournemouth, BH7 6BZ
Show Contact Number
01202 303 044
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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.