Bournemouth
Property Ref No. 994304

Durley Chine Road

  • HMO INVESTMENT OPPORTUNITY - 11 INDIVIDUAL ROOMS ALL WITH ENSUITES - SELF CONTAINED 2 BEDROOM MODERN APARTMENT - COMMUNAL LAUNDRY - COMMUNAL KITCHENS - FORECOURT PARKING - GARAGE & SUMMER HOUSE

Bournecoast are delighted to present Kensington Lodge, a unique opportunity to purchase 11 fully tenanted rooms, each with its own ensuite, as well as access to two communal kitchens and a communal laundry. Additionally, the property includes a modern two-bedroom apartment complete with a large deck and garden. The apartment, currently operating as a holiday let, enhances the appeal of the property. Kensington Lodge is generating approx. £80,000 per annum with a gross yield of 5.7%. Situated just a short distance from Bournemouth's vibrant town centre and Westbourne, this investment property offers convenient access to the area's renowned beaches, shopping and leisure facilities.

  • £1,400,000

  • Freehold
FOR SALE

FULL DESCRIPTION

Two Bedroom Apartment:
This stunning apartment features a spacious lounge and dining area measuring approximately 4.90m x 6.15m, with high ceilings and full-length French doors leading to a large, elevated decking area. Leading off the decking is a lawned garden. KITCHEN: The modern kitchen is fitted with units at both eye-level and base-level, complemented by a central island that includes an induction hob. The kitchen is also equipped with a double electric oven, integrated dishwasher, integrated fridge, integrated freezer and a wine cooler. BEDROOMS: The apartment offers two well-appointed double bedrooms, each with its own modern ensuite shower room.

12 Rooms with Ensuites:
The property also includes 11 tenanted rooms with ensuites, each offering access to shared amenities, including two communal kitchens and a laundry room. Additionally, the house includes an office and a storage room for added convenience.

Grounds:
This property offers parking in the drive for 8 cars. The property benefits from a garage with an electric door, summerhouse, boiler room housing two boilers and a spacious rear garden.

Additional Information:
Council Tax Band - N/A (registered under business rates). Broadband - TBC. This versatile property presents a rare opportunity to acquire a turnkey investment in one of the UK's most sought-after coastal locations. Offering an estimated 5.7% yield, this is an ideal investment for those seeking a turnkey investment with renovation potential.

Tenure: Freehold
Sale Type: Buy-to-Let Potential

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