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COMMERCIAL

Market Close, Poole, BH15

Guide Price
£2,545,000
BrightWater, Ringwood
PROPERTY TYPE

Residential Development

BEDROOMS

16

BATHROOMS

12

SIZE

Ask agent

Key features

  • 4.85% Yield
  • Renovated In 2023
  • Freehold Investment
  • Total Residential Square Footage: 6,200
  • Walking Distance To Poole Harbour

Description

One of three exceptional freehold investment opportunities available within this attractive South Coast portfolio, available either as an individual purchase or as a combined portfolio acquisition, offering flexibility to suit a range of investor requirements.

This outstanding investment comprises seven fully tenanted houses situated within a private gated development in the highly sought-after Old Poole district, just 0.3 miles from Poole Quay.

The development consists of two three-bedroom houses and five two-bedroom houses, ranging in size from approximately 630 sq ft to 1,123 sq ft, with each property benefiting from allocated parking. Several of the houses also feature fireplaces, while all properties benefit from gas central heating throughout.

Originally constructed circa 2000, the majority of the site underwent a comprehensive refurbishment programme in 2023, including newly fitted kitchens, modern bathrooms and replacement windows throughout. Please note that 7 Market Close was not included within the refurbishment works.

With a strong established letting history and minimal void periods, the properties currently generate a combined annual rental income of approximately £123,500 per annum. The sale further includes the unencumbered freehold of the entire site, presenting an excellent opportunity for investors seeking a secure, income-producing asset within one of Poole’s most desirable residential locations.

For further information or to arrange a viewing, please contact us today as sole agents.

Market Close, Poole, BH15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Poole Station0.3 miles
  • Hamworthy Station1.5 miles
  • Parkstone Station1.8 miles

About BrightWater, Ringwood

2 High Street Ringwood, Hampshire BH24 1AF
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BrightWater is an independent, family run property agency with a passion for property.

BrightWater specialises in; residential lettings, sales, buy to let and property management.

Our business is built on energy, agility, professionalism and knowledge, with a commitment to remaining at the heart of our community.

BrightWater provides dedicated staff within each department who are experts within their field. We believe the secret to success is a blend of outstanding old-fashioned customer service, incorporating cutting edge technology alongside access to high quality legal advice. This allows us to provide the highest standard in the most effective and efficient timescale. Your expectations are our standard. We know it makes a difference to have professional people on your side, we are passionate about what we do and it shows.

Experts in marketing properties with high-quality brochures, marketing and photography and video tours.

Dedicated staff that will assist you if you are looking to enter the world of Buy-To-Let.

We strongly believe in giving honest advice and a fair free, no obligation valuation.

Strong presence on Social Media with our own YouTube channel.

In house Property Management and Accounts team.

We are available 7 days a week.

Whether you have a large Country House, family home, or a flat, our experienced sales and lettings team will guide you through the process. Give you up to date advice on current legislation and ensuring that you remain compliant during your journey with us. With a reputation for knowledge, integrity and forward-thinking, BrightWater has been providing professional property services since 1962.

Notes

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Disclaimer - Property reference b189ba89-8c1c-40c5-8afe-3f1a8a8137bf. 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 BrightWater, Ringwood. 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.