Milton Road, Bournemouth £895,000
Under Offer MK Estates - 01202 611373 00002594

    **DESIRABLE INVESTMENT OR HOME AND INCOME PROPERTY**
    Located in a much sought after road within 1 mile of Bournemouth Train Station and Town Centre in BH8. This well presented and run business generating an excellent income with scope to increase, CURRENTLY GENERATING 7.1% YIELD and current HMO licence in very good order.

    A substantial character property that offers the following:-
    4 x studios with their own fitted kitchens and shower rooms
    3 x bedsits with separate kitchens and shared bathroom
    1 x 3 bedroom 2 bathroom ground floor flat with lounge, modern kitchen, attached
    utility/sunroom and private garden with patio and parking.

    All flats are tenanted under AST’s, fully furnished, double glazed and centrally heated, and have access to a shared garden with patio, bike storage and equipped, laundry room.
    Outside there is a mature front garden with a wide driveway to a double garage with workshop and storage behind, and ample parking for several vehicles. The property also lends itself to possible extension (STPP)
    Within a few minute’s walk to Town Centre, Train/Bus station, Charminster high street with its bars and restaurants, and close to Bournemouth University making this a great rental investment.

    Possible owner financing.
    • Excellent Investment Opportunity
    • Currently Achieving 7.1% Yield - Granted HMO Licence
    • All Flats Come With AST's And Currently Tenanted
    • 4 x Studios With Their Own Fitted Kitchens
    • Shower Rooms
    • 3 x Bedsits With Separate Kitchens
    • Shared Bathroom
    • 1 x 3 Bedroom 2 Bathroom round Floor Flat With Lounge
    • Modern Kitchen
    • Large Driveway Providing Several Parking Spaces
    • Detached Garage
    • Spacious Mature Grounds With Access To Garden For All Flats
    • Close Proximity To Bournemouth Town Centre, Train/Bus Station, Charminster High Street, Shops
    • Restaurants