6 bed property

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6 bed property

Queensland Road, Southbourne, Bournemouth BH5
£425,000

Price History

Initial price £450,000
26/11/24 £425,000
Price Change -5.56%

Description

This six-bedroom licenced HMO is situated on Christchurch Road, Pokesdown, near amenities, train station, and the beach. The property has recently had its exterior renovated and features a large driveway and grass garden. The interior is well-maintained, with two large bedrooms downstairs and four more upstairs, including a shower room and bathroom. The property has been occupied by students from nearby aecc Chiropractic College and has a tenancy in place until August 2025, allowing for immediate rental income. With a gross annual yield of 6%, this property offers a lucrative investment opportunity. Additionally, there is potential to extend the property to increase the number of rooms, subject to planning permission.