Donoughmore Road, Bournemouth
Property Features
- Investment Opportunity
- Approx. 7.5% gross yield
- One bedroom flat with garden plus six studio flats
- Gas fired central heating
- UPVC Double Glazed
Property Summary
An investment portfolio consisting of seven flats in a very large semi detached house. This portfolio has the benefit of the freehold title and overall offers great potential for an investor with an approximate 7.5% gross yield.
Full Details
An investment portfolio consisting of seven flats in a very large semi detached house.This portfolio has the benefit of the freehold title and overall offers great potential for an investor. Situated in a convenient location within walking distance to Boscombe High Street, all major bus routes and Boscombe Gardens which lead to the seafront and pier. Due to the location, all seven flats are invariably easy to tenant and there is a consistent proven rental record. All flats offer gas central heating, U.P.V.C. double glazing and security entry system.
Award Winning Sandy Beaches, Pier, Promenade and Chine Gardens are all nearby. There is a main line train station at Pokesdown and Bournemouth which provides direct links to Southampton, Southampton Airport and London Waterloo. Bournemouth International airport is approx.6 miles distance.
Flat 1 – 1 Bed Ground Floor Rental Income - £650pcm
Flat 2 – Ground Floor Studio Rental Income - £475pcm
Flat 3 - First Floor Studio Rental Income - £480pcm
Flat 4 – First Floor Studio Rental Income - £525pcm
Flat 5 – First Floor Studio Rental Income - £545pcm
Flat 6 – Second Floor Studio Rental Income - £560pcm
Flat 7 – Second Floor Studio Rental Income - £485pcm
Tenure: Freehold. Approx. total rental income: £44,640. Current approximate gross yield: 7.5% N.B. Under section 21 of the 1979 estate agency act we declare that the vendor is connected to Saxe Coburg Estate Agents.
