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Freehold Residential Investment Opportunity Bournemouth (£420,000)

Date posted: Wednesday 4th November
Location: Bournemouth

Good letting area close International Chiropractic College on east side of Bournemouth. Short walk to buses, trains, schools, shops and sandy beaches. Owner retiring after 20 years letting. The property in three separate units either part new build or completely refurbished is almost maintenance free and the owner might consider a swop for a cheaper property in Bath.

Unit 1. 3/4 bedroom house let at £825 per month excl
Unit 2. Studio ground floor flat let at £350 per month excl
Unit 3. 1 bedroom Bungalow let at £550 per month excl.

Producing total income of £20,700 per annumexcl. with potential for growth.
Might suit owner occupier with income by sacrificing one unit. Or ideal BUY TO LET with immediate income to sevice borrowing.

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