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Purbeck Road, Bournemouth, Dorset, BH2 5EF

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

Key features

  • Established Holiday Let Business
  • Over 15% Gross Yield
  • £100,000 plus Annual Turnover
  • Sleeps 20
  • Courtyard with Hot Tub
  • Three Bathrooms
  • Popular Hen Do Accommodation
  • Potential HMO
  • Town Centre Location
  • Close to Beaches

Description

** GUIDE PRICE £475,000 to £500,000 **

Are you looking for a sound investment with incredible potential? Look no further! Presenting an established holiday let business located on Purbeck Road, right in the heart of Bournemouth. With 5 bedrooms, 3 bathrooms, 3 reception rooms, and key features that promise high returns, this property is a golden ticket waiting for its new owner.

With over £100,000 in annual turnover and a remarkable 15% gross yield, this holiday let is a proven money-maker. While the property currently sleeps 20, there is a potential to expand and increase capacity with the option of converting it into an HMO (House of Multiple Occupation).

The property boasts a beautiful courtyard, complete with a hot tub, providing a luxurious outdoor space for guests to unwind and relax. This additional feature adds significant appeal to tourists seeking comfort and indulgence during their stay. The courtyard creates a lucrative selling point in the holiday letting market, further enhancing the property's revenue potential.

Catering to a specific niche, this holiday let has become exceptionally popular as a hen do accommodation. Its proximity to the town centre provides convenient access to restaurants, bars, and other entertainment options, making it an ideal choice for groups celebrating and enjoying Bournemouth's vibrant nightlife. With a steady stream of bookings throughout the year, this property offers a guaranteed income stream.

Located just a stone's throw away from the stunning Bournemouth beaches, this holiday let attracts visitors seeking a coastal retreat. The easiness of access to the beach ensures high demand throughout the summer season, making this property a haven for holidaymakers. With sandy shores, glorious sunshine, and a thriving town just minutes away, it's an irresistible package for those wanting a seaside escape.

Besides its attractive holiday let business model, this property also poses an exciting opportunity for transformation into an HMO. Given its prime location in the town centre, it is perfectly suited to cater to the needs of students or young professionals seeking shared accommodation. This flexibility allows you to explore multiple revenue streams from the same property, catering to different markets and maximising your return on investment.

Investing in a property in Bournemouth grants you access to a town renowned for its natural beauty, energetic cultural scene, and strong tourism appeal. Bournemouth attracts millions of tourists every year, and owning a holiday let provides you with the chance to earn substantial profits from this thriving market. Not only do you benefit from the convenience of the town center's amenities, but you also capitalize on the allure of the nearby coastline.

Don't miss out on this incredible investment opportunity. The demand for quality holiday let accommodation in Bournemouth is continually growing, and with a proven track record in generating a substantial annual turnover, this property promises long-term financial success. With potential for expansion and diversification, you can maximise your investment by capitalizing on the reviving holiday rental market.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Purbeck Road, Bournemouth, Dorset, BH2 5EF

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About Foxes Sales & Lettings, Bournemouth

2 Poole Hill, Bournemouth, BH2 5PS

Foxes Sales & Lettings has been established since 1996 and specialises in the sale and rental of residential properties in Bournemouth, Poole and surrounding areas.

We take a fresh approach to the sale and rental of properties and value the importance of keeping things simple. We offer free property appraisals, competitive rates and a no sale/no let - no fee service. Our staff have decades of combined experience, making us one of the most knowledgeable and established agencies in the area.

With Foxes, you can expect the whole procedure to run smoothly from start to finish. We are always more than happy to meet for an informal chat to establish your requirements and advise on the service that best suits you.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£2,264
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference FXS_BRN_LFSYCL_711_898404793. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Foxes Sales & Lettings, Bournemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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