6 Bed Detached House For Sale Wimborne Road, Bournemouth, BH2

£2,500,000- Detached

1 of 10
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 17th April 2024

Description

RARE OPPORTUNITY TO PURCHASE A FREEHOLD SITE IN THE CENTRE OF BOURNEMOUTH, BH2.

              

Originally a Victorian villa and coach house, now converted and consisting of multiple apartments and room rents, this unique freehold site has current tenants in situ which provides a great investment opportunity. With current occupants in situ, the building has a current income of over £150,000 ANNUALLY.

 

Location

This unique building is located approximately one mile from Bournemouth train station and seven miles from Bournemouth Airport, which has seasonal direct flights to most western European countries. The M27 motorway is situated just 15 miles from the building and connects Bournemouth to other locations along the South Coast and the M3 motorway towards London.

There are many popular tourist attractions nearby, including Bournemouth Pier, Bournemouth International Centre, Poole Harbour and The Russell-Coates Museum.

 

Features

Prominently located on Wimborne Road, the site offers an extensive plot. With all flats and rooms fully equipped and up to date, they have been rented out for a period of 20 years. Flats offer private and communal entrances and an allocated parking space each.

 

Letting Accommodation

7 Flats (Held on 12 Month AST Contracts)

6 Room Rents

Plus Owners Accommodation

 

Trading / Business

The current business model has been a well-established operation for a long period of time and is forecasted to generate surplus of £150,000 annually.

 

Pricing

£2,500,000 to include acquisition of the freehold site with tenants in situ.


EPC Rating: C
Agent Details
Jordan Marks Estates
16, High Street, Christchurch, BH23 1AY
Show Contact Number
01202 484 444

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 6 bedroom property. See more properties like this.

£475,000
Bournemouth, BH3
5.5
£625,000
Bournemouth, BH4
Semi Detached
4.2
£750,000
Bournemouth, BH3
Detached
3.7
See More Properties
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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested