St Swithuns Road, Bournemouth 6 bed house for sale

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St Swithuns Road, Bournemouth 6 bed house for sale

St Swithuns Road, Bournemouth
£500,000

Price History

Initial price £649,950
09/08/24 £595,000
18/01/25 £500,000
Price Change -23.07%

Description

This property is a unique opportunity to own a combined commercial unit and six-bedroom HMO, strategically located near a train station and ASDA. The commercial unit is leased to a catering business until 2029 and generates a significant annual rental income of £58,680. The HMO above has recently obtained planning permission and holds a valid license, featuring six double bedrooms, three ensuites, a separate kitchen, lounge, and downstairs w.c. The rooms are currently rented to single persons who are either working or studying locally, providing excellent returns for the owner. The property offers a rare chance to invest in a thriving rental income stream with a long-term lease in place for the commercial unit.