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High Income Producing Hmo With Development Potential In Poole For Sale

Poole, Dorset, UK
Asking Price:
£775,000
Turnover:
Available on request
Net Profit:
Available on request

Goadsby Commercial present easy access to Bournemouth and Poole town centres. High occupancy rate. Full gas fired central heating. UPVC double glazing. External redecoration. Digital door locks. On site parking for 7 vehicles. Detached Garage. Tenant use garden.

Location
Parkstone Shopping thoroughfare approx. 800 yards. Branksome Mainline Railway Station approx. ½ mile. Flaghead Chine Beach approx. 2 miles. Poole Town Centre within 2½ miles. Bournemouth Town Centre approx. 2¾ miles.

Summary of accommodation
10 Letting Rooms (1 en-suite). Dining Room. Large Kitchen. Utility Room. 2 Shower Rooms with WCs. Separate WC. Garden Room/Office with Kitchen and Shower Room.

Trading & business
The rent roll as at 9th August 2023 was:
Room 1 £140 p.w. Room 5 £130 p.w. Room 9 £160 p.w.
Room 2 £220 p.w. Room 6 £120 p.w. Room 10 £120 p.w.
Room 3 £120 p.w. Room 7 £110 p.w. Garden Room £277 p.w.
Room 4 £130 p.w. Room 8 £150 p.w. TOTAL £1,677 P.W.

Licences/permissions
We are informed an HMO Licence for 10 persons in 10 households is currently held. We have not had sight of this document. A current planning application has been submitted for a rear extension and roof conversion to create 10 en-suite rooms with 2 lounges.

Property Information

Property:

Freehold

Location:

Parkstone Shopping thoroughfare approx. 800 yards. Branksome Mainline Railway Station approx. ½ mile. Flaghead Chine Beach approx. 2 miles. Poole Town Centre within 2½ miles. Bournemouth Town Centre approx. 2¾ miles.

Premises Details:

10 Letting Rooms (1 en-suite). Dining Room. Large Kitchen. Utility Room. 2 Shower Rooms with WCs. Separate WC. Garden Room/Office with Kitchen and Shower Room.

Energy Performance Rating:
D