Donoughmore Road, Bournemouth BH1

£595,000

Guide price

  • Bedrooms: 6
Boscombe is an extremely popular suburb of Bournemouth which is located to the south east neighbouring both Bournemouth town centre and Southbourne. Locally there are a number of great shopping facilities varying from well-established independent stores to the popular chains.

5* Award Winning Sandy Beaches, Pier, Promenade and Chine Gardens are comfortably unrivaled features, having undergone extensive investment and benefiting from Sea front restaurants, a surf school and popular bars/bistros selling local produce.

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 (6 miles) offers a varied schedule of flights to a number of European destinations.

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.

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

Current Yield: 7.5%

Total Rental Income: £44,640 per annum

N.B. Under section 21 of the 1979 estate agency act we declare that the vendor is connected to Lovett International Estate Agents Ltd.

Like this property but need to sell? Call Lovett Estate Agents for your complimentary market appraisal on .

Arrange viewing 01202 922867

Lovett Estate Agents

716 Christchurch Road, Boscombe, Bournemouth, Dorset

See all properties from this agent

Send me homes like this by email

Bournemouth Echo