Property Summary
*INVESTMENT OPPORTUNITY* This five-bedroom, detached, licenced HMO is currently let as a student house achieving £2,000.00pcm, and offering a return of over 5%. Benefitting from off-road parking, spacious accommodation and a large private rear garden, it is a great investment purchase. Tenancies already agreed for 2022/2023 and 2023/2024 academic year.
Outside:
At the front of the property there is a driveway providing desirable off-road parking for one vehicle. The large, private rear garden is predominantly laid to lawn with a small area of shingle abutting the rear of the property. It is easy to maintain and a great space to socialise outside.
Inside:
Upon entering the property, the spacious hallway provides access to all ground floor accommodation and stairs leading to the first floor. On the ground floor, there are two double bedrooms, a shower room, a dining room and a separate kitchen. The kitchen has a range of base and eye-level units and it provides direct access into the rear garden. The dining room has French doors that lead to the large rear garden and it has enough space to fit a large dining table. The shower room consists of a hand wash basin, WC and an electric shower.
Ascending to the first floor, the landing leads to a further three double bedrooms and another bathroom. The bathroom compromises a hand wash basin, WC and a bath with an electric shower attachment. Two of the bedrooms are generously sized double’s and the third is a smaller double room.
Location:
This investment property is conveniently located in the sought after BH9 postcode, only a stone’s throw from Charminster high street and its array of local shops, coffee houses and bars. The property is also not far from Winton High Street and it is within a close proximity to major bus routes in and out of Bournemouth.
Agent notes:
Current students move out 06/08/2023 (£1,975)
New students move in 07/09/2023 (£2,000)
5.65% Yield
