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Drummond Road, Bournemouth, Dorset, BH1 14 bed block of apartments for sale
Drummond Road, Bournemouth, Dorset, BH1
£1,419,000
Drummond Road, Bournemouth, Dorset, BH1
£1,419,000
Price History
Initial price | £1,420,000 |
22/01/25 | £1,419,000 |
Price Change | -0.07% |
Description
This is an investment opportunity to purchase a block of 12 apartments located on Drummond Road in the Boscombe area of Bournemouth. The three-storey detached block, built circa 2008, offers a mix of studio, one-bedroom, and two-bedroom flats, with a total annual income of £108,330 and a yield of 7.63%. The property has a communal garden to the rear and provides space for six cars in the forecourt. Each flat has its own EPC, which can be provided upon request. With potential to increase the annual income to £120,000 and a yield of 8.4%, this property presents a lucrative investment opportunity for those looking to generate a strong return on their investment.