Somerville Road, Bournemouth

£650,000

Description:

MPG.co.uk are pleased to be able to offer for sale this exceptional investment opportunity situated in Somerville Road, Westcliff, just a short walk away from Bournemouth’s town centre with its array of shops, bars and restaurants and also Westbourne with its locally owned shops, wine bars and eateries. The beach is located just a few hundred yards away making this property ideal for holiday makers wanting to be within walking distance to all local amenities. The property itself, a coach house built in 1890 has been extensively modernised throughout and is split into 4 holiday letting apartments. Each apartment is offered fully furnished, benefitting from contemporary showers, high quality fixtures and fittings and spacious living and sleeping accommodation. There is also allocated parking offering one parking space per apartment. The income received on this established investment stands at approximately £60,000 per annum with a net profit before tax of £49,000 and benefits from many regular guests who return year after year, it also has an already set up website www.bournemouth-selfcatering-holidayapartments.co.uk for advertising and booking along with over 100 positive reviews highlighting guest satisfaction. The current owners of over 10 years will offer a full handover to the new owners meaning a stress free transitional period. To view this exciting opportunity please call your local agent on 01202 533666 or by contacting the owners direct on 07961 179291.

Property Details:

Key Features

  • INVESTMENT OPPORTUNITY
  • INCOME OF £60K
  • 4 STUDIO FLATS
  • ESTABLISHED BUSINESS
  • WALKING DISTANCE TO SHOPS

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Testimonials:

“Thank you for helping us along what proved to be quite a bumpy house sale journey at a difficult time for us all. Your approach has been very professional and sensitive. We’d have no hesitation in recommending you to others.”

- The N Family

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