House For Sale Portman Road, Bournemouth, BH7

£400,000

1 of 12
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 18th May 2024

Description

** A SUPERB OPPORTUNITY TO ACQUIRE TWO PURPOSE BUILT FLATS ** In one detached property which was built 18 years ago by the current owner, who have been renting the properties out on an Air B&B basis.

Description - ** A SUPERB OPPORTUNITY TO ACQUIRE TWO PURPOSE BUILT FLATS ** Over the last 17 months (since Jan 2022) the two flats have turned over £55,490 = £3,264 per month** In one detached property which was built 18 years ago by the current owners, who have been renting the properties out on an Air B&B basis.

Ideal for an investor to continue the holiday lettings or on AST (6 month tenancies) agreements.

The property would also suit two families, or part live in, part investment opportunity. It is being sold as a Freehold unit to encompass both flats. Situated in a popular residential location close to Boscombe shops, Kings Park and within easy access to Boscombe Pier and beaches.

Area - Boscombe is a popular suburb of Bournemouth which is located to the south east, neighbouring both Bournemouth town centre and Southbourne. Just a short distance away are 5* award winning sandy beaches, pier, promenade and Chine Gardens. The area has undergone extensive investment and benefits from sea front restaurants, a surf school and popular bars/bistros selling local produce.

There are main line train stations Pokesdown and Bournemouth which provide direct links to Southampton, Southampton Airport and London, Waterloo. Bournemouth International Airport (6 miles) offers a varied schedule of flights to a number of European destinations.

Tenure - Freehold

Council Tax: BAND B

EPC Rating: C (both flats)

This 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. Applicants should make enquiries to satisfy themselves with regard to any restrictive covenants that may apply.
Agent Details
Lovett Estate & Lettings Agents
716, Christchurch Road, Bournemouth, BH7 6BZ
Show Contact Number
01202 303 044

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 property. See more properties like this.

£110,000
Bournemouth, BH1
Flat
9.9
£599,950
Bournemouth, BH6
Semi Detached
9.3
£119,950
Bournemouth, BH1
Flat
8.3
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