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Offers in excess of
£500,000

6 bedroom semi-detached house for sale

Bournemouth Road, Poole BH14
Semi-detached house
6 beds
6 baths
1,453 sq ft / 135 sq m
EPC rating: D
Added < 7 days

Key information

TenureFreehold
Council taxBand D
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • An executive HMO situated in a popular location
  • Delivering a consistent 10.4% per annum rental yield
  • Six bedroom property all with private ensuite facilities
  • Large communal space living room, kitchen and large rear garden
  • 98.28% occupancy over the past three years
  • Average tenancy duration 14.43 months
  • Potential to extend and add further value (STPP)
  • Close to Branksome Train station and Poole retail park
  • Approximately 1 mile to the centre of Ashley Cross Village
* Fantastic investment opportunity * Situated in a popular residential location with fantastic transport links * Just 3.2 miles from Bournemouth town centre and 2.8 miles from Poole town centre * Potential to extend to an 8 bedroom HMO (STPP) * Strong rental yield and rental demand over the past 3 years *

Main Description - Spacious six-bedroom, all ensuite HMO delivering a 10.5% gross rental yield!

Introducing a rare investment opportunity – a six-bedroom, all ensuite HMO with a valid HMO license, ideal for investors seeking a high-yielding property. This fully compliant HMO spans three floors and features ample communal spaces and high occupancy rates, ensuring strong rental returns.

Property Layout and Features

Ground Floor: The property welcomes you with a large communal living room, ideal for tenants to socialise, adjacent to a spacious kitchen equipped with all necessary amenities. Additionally, two of the six ensuite bedrooms are located on this floor.
First Floor: Three more ensuite bedrooms are found on the first floor, each thoughtfully designed to offer privacy and comfort for tenants.
Second Floor: Part of the roof space has been converted to house the sixth bedroom. The remaining roof space offers an exciting opportunity for further development – potentially adding two additional ensuite bedrooms (subject to planning approval). The two additional bedrooms could increase the rental return by over 32%.

Outdoor Space and Parking

Parking: Three off-road parking spaces are available on a first-come, first-served basis, with tenants adhering to a fair usage policy.
Garden: A large, sunny communal garden at the rear of the property provides a pleasant outdoor space for tenants to relax and enjoy.

Investment Performance

The property has let consistently well over the past three years, with impressive headline figures, including:

• Gross Annual Income: £52,320
• Average Occupancy: 98.28%
• Average Tenancy Duration: 14.43 months

Prime Location

Ideally located for tenants, the property is just:

0.9 miles from Ashley Cross with its vibrant selection of pubs, restaurants, and shops
0.7 miles from Poole Retail Park, where tenants can find a fully equipped gym
0.6 miles from Branksome Train Station, providing easy access to excellent transport links

This well-maintained and high-performing HMO offers a strong, reliable rental income in a sought-after location. With potential for future expansion in the roof space, this property is both a robust investment and an opportunity for future growth. Don’t miss the chance to add this lucrative asset to your portfolio.

Property information from this agent

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About this agent

Hive & Partners - Dorset
Hive & Partners - Dorset
Wilson House Bournemouth, Dorset BH1 1JN
01202 984745
Full profileProperty listings
HIVE & Partners is the first agency in Dorset to offer a new, unique way of selling property. Employing the best and most highly regarded Partners, HIVE offers a unique opportunity for sellers looking for a progressive agency that focuses on providing excellent service. Offering unrivalled local property knowledge, modern marketing techniques blended with the best of traditional agency methods, ultimately delivers an exceptional experience when selling or buying with HIVE.
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