No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£4,950,000
Added > 14 days

37 bedroom detached house for sale

Derby Road, Bournemouth BH1
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Detached house
37 bed
32 bath
27,447 sq ft / 2,550 sq m

Key information

Tenure: Freehold
Council tax: Band E
Broadband: Ultra-fast 1000Mbps *
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • Block of 32 Apartments for sale
  • Unbroken Freehold
  • Currently achieving 6.06% yield but potential to increase to 7.3%
  • All rental figures available upon request
  • Central location

Presenting a rare investment opportunity, this unbroken freehold block of 32 apartments is now available for sale. Situated in a highly sought-after central location, this property boasts tremendous potential for investors.

Comprising a mix of apartment types, the block includes five spacious 2-bedroom flats, ten cosy 1-bedroom flats, and seventeen well-appointed studio apartments. This diverse range of units offers a lucrative rental yield, with the block currently achieving an impressive 6.06%. However, savvy investors can see the potential to increase this yield to 7.3%, making this offering a truly attractive option in today's market.

For the astute investor seeking a secure and profitable addition to their portfolio, this block of apartments presents an ideal opportunity. With the ability to provide all relevant rental figures upon request, prospective buyers can make informed decisions about the income potential of this property.

The prime central location further enhances the appeal of this investment, offering convenience and accessibility to a range of amenities, transport links, and leisure facilities. Residents will enjoy the vibrant surroundings and easy access to everything the area has to offer, ensuring high demand for rental units in this desirable location.

In conclusion, this block of 32 apartments represents a rare chance to acquire a secure investment with excellent income potential. Whether you are a seasoned investor looking to expand your portfolio or a newcomer seeking a profitable venture, this property is sure to impress with its solid returns and prime location. Don't miss out on this unique opportunity to secure a piece of prime real estate in a thriving urban setting.

Rooms

Parking - Off street

Places of interest

    Jordan Marks Estates' was founded by Jordan & Mark Ridout a father and son duo, whose lives and careers are steeped in Christchurch and the surrounding areas. With combined experience of over 40 years in the housing and sales market place, Jordan & Mark understand the importance of treating each client as an individual and have used this experience to establish this exciting new brand.     As a family run business, Jordan Marks Estates guarantees a personalised and tailored approach to your needs. We understand the importance of offering a fully comprehensive service to all our clients that find solutions to common estate agency problems. At Jordan Marks we know 9 till 5 is a thing of the past, therefore it is our promise to develop and implement an individual marketing profile for you that works within your lifestyle. With flexible office hours, viewings and availability it is our aim to be available when you need us.   It is vital for Jordan Marks' that as a modern Estate Agency we provide an efficient, friendly service, where the customer is always treated as the number one priority and where properties stand out from the crowd. From our professional photography to our luxury brochures our bespoke service will ensure your most valuable asset achieves the best possible price.   No two property transactions are alike - different problems and opportunities present themselves at every turn. Our team at Jordan Marks have a real depth of experience across the broadest range of residential and rural property transactions. Whether you hope to maximise the value of a property that you’re selling, or purchase property in the most efficient possible way, then we can help.

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    *DISCLAIMER

    Property reference 94875d49-5aa5-4677-b01e-9fd19ac803c1. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Jordan Marks Estates - Christchurch.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on August 5, 2023

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.