Colville Road, Southbourne £575,000

 House  8 bedrooms  2 bathrooms  Bournemouth

Description

SIGNIFICANT INVESTMENT OPPORTUNITY! AN EIGHT ROOM FULLY OCCUPIED HMO (HOUSE OF MULTIPLE OCCUPATION) IN AN EXCELLENT LOCATION CLOSE TO SHOPS, FACILITIES, THE ANGLO EUROPEAN COLLEGE OF CHIROPRACTIC AND EVEN THE BEACH/CLIFFTOP AT SOUTHBOURNE. WITH POTENTIAL TO INCREASE THE YIELD FURTHER.


Kitchen: 11’6’’x10’11’’ (3.5m x 3.33m)
 
Letting Room One: 12’9’’x 10’8’’(3.89m x 3.25m)
Letting Room Two: 12’10’’x 10’9’’ (3.91m x 3.28m)
Letting Room Three: 14’7’’x 7’6’’ (4.45m x 2.29m)
Letting Room Four:  12’10’’x 10’7’’ (3.89m x 3.23m)
Letting Room Five: 12’10’’x 10’9’’ (3.91m x 3.28m)
Letting Room Six: 13’4’’x 10’5’’ (4.06m x 3.18m)
Letting Room Seven: 10’11’’x 8’9’’ (3.33m x 2.67m)
 
Self Contained Flat:
 
Living Area: 14’x(4.45m) (reducing to 9’ (2.74m) x 13’.4’’ (4.06m)
Bedroom: 14’ 4’’ x 10’ 5’’ (4.37m x 3.18m)

A pathway with front garden area to the left, leads up along the right-hand side of the house, past the front door, through to the rear patio and garden. 

The front door leads to an entrance front hallway, where there is a stairway to the first-floor landing with doors to two ground floor double bedrooms at the front, a shower room and cloakroom to the side, and a door leading through to the kitchen.
 
The kitchen has a window to the side aspect and is fitted with a selection of matching base and wall mounted units with a sink by the window. To the left of this is the wall mounted gas fired boiled, serving the central heating system and hot water. Cooking facilities are provided by a four-ring hob with housed electric oven under and there is a washing machine. To one corner is a breakfast bar and a fridge freezer.

A door from here leads through to a ground floor single room which also as its own private entrance door from the rear patio. 

Following the turning staircase to first floor landing, there are four further letting rooms along with a cloakroom and bathroom with bath and shower. 

The final letting unit is arranged as almost a one bedroom flat and has its own private entrance door from the garden. On the entering there is a living room with kitchen to the right-hand side and then double doors lead through here to a large bedroom (internal) with a en-suite shower room to the right hand side. The shower room has fully tiled walls and an obscure glazed window to the side.

Adjacent the rear of the house is a large patio area with a dwarf wall leading through to the main communal area garden which is laid to lawn. There is space for chairs, tables and a bike shed or similar.

The property is especially popular, having maintained virtually 100% occupancy for many years. 

The current income is circa, £36.000 per annum with potential to increase this in due course. All together an excellent investment opportunity and no want to be missed.

Viewing arrangements:
Covid regulations allow for viewings with the consent of the tenants. In this regard please contact us to make your appointment but please allow us several days, notice to make these arrangements.


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Location
Facts & figures
  • House
  • 8 bedrooms
  • 2 bathrooms
  • Bournemouth
Further details
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