Castleman Estate Agents are pleased to offer for sale this unique investment property, situated just a short distance from Bournemouth town centre, train station and road links.
The property comprises a five bedroom House of Multiple Occupation, four studio flats, a shop and a lock up storage unit. It is currently fully let and produces a gross rental of £61,790 per annum as per the schedule below. The property would make an ideal addition to a rental investment portfolio
Five Bedroom House of Multiple Occupation plus Studio Flat:
Room 1 – let for £350 per month (includes bills)
Studio Flat (2) – let for £660 per month (includes bills)
Room 3 – let for £415 per month (includes bills)
Room 4 – let for £445 per month (includes bills)
Room 5 – let for £455 per month (includes bills)
Room 6 – let for £475 per month (includes bills)
Shop & Storage Unit:
Shop – let for £380 per month
Storage Unit at the Rear – let to the shop for £250 per month
Studio Flats Located to the Rear (Accessed via a pathway from Lowther Gardens)
Unit 2, 3 The Lane – let for £575
3b The Lane – let for £595
3 The Lane – let for £549.24
Gross rental income £61,790.88 (Minus Council Tax and Utility Bills for HMO Rooms + Studio)
