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Fully Refurbished Hmo In Poole For Sale

Poole, Dorset, UK
Asking Price:
£575,000
Turnover:
Available on request
Net Profit:
Available on request

Fully Refurbished HMO - 10% Yield

Features
Goadsby Commercial present fully refurbished including two storey extension completed May 2019. Commercial quality vinyl flooring throughout. Digital door entry to each letting room. Fitted window blinds. Full gas fired central heating. UPVC double glazing throughout. Guaranteed fully managed income offering 7% return on investment if required. Floor plans available by request.

Summary of accommodation
7 Letting Rooms (6 en-suite each with kitchenette and 1 with private facilities). Fully fitted Kitchen. Shower Room (Private to Room 5).

Location
Parkstone shopping thoroughfare (main bus route) approx. 0.4 miles. Branksome Mainline Railway Station approx. 0.9 miles. Bournemouth University approx. 2.2 miles. Poole Hospital approx. 2.5 miles. Bournemouth Town Centre within 3 miles. Poole Town just over 3 miles.

Trading & business
A 10% return on investment is currently being achieved. The individual room rents as at the 3rd August 2020 were:

Room 1 £170 p.w. Room 4 £140 p.w. Room 7 £170 p.w.
Room 2 £195 p.w. Room 5 £120 p.w Total £990 P.W.
Room 3 £170 p.w. Room 6 £180 p.w.

Licences/permissions
We understand the premises benefit from an HMO licence for 7 households.

Property Information

Property:

Freehold

Living Accommodation:

7 Letting Rooms (6 en-suite each with kitchenette and 1 with private facilities). Fully fitted Kitchen. Shower Room (Private to Room 5).

Location:

Parkstone shopping thoroughfare (main bus route) approx. 0.4 miles. Branksome Mainline Railway Station approx. 0.9 miles. Bournemouth University approx. 2.2 miles. Poole Hospital approx. 2.5 miles. Bournemouth Town Centre within 3 miles. Poole Town just over 3 miles.

Premises Details:

7 Letting Rooms (6 en-suite each with kitchenette and 1 with private facilities). Fully fitted Kitchen. Shower Room (Private to Room 5).

Energy Performance Rating:
C

Contact Goadsby

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