5, Skinner Street, Poole, BH15

A substantial and incredibly rarely available freehold block of 9, 2 bedroom apartments including furniture arranged over three floors, set within pleasant communal gardens and benefitting from 9 parking spaces. Constructed in the 1980s, the building comprises nine spacious apartments, each offering two double bedrooms, electric heating, double glazing, a good size lounge/dining room, separate kitchen, bathroom and useful entrance hallway. The property is situated in a quiet yet convenient location in the heart of Poole Town Centre, just approximately 200 metres from the popular Poole Quay with its waterside restaurants, bars and cafes, and approximately 300 metres from the High Street shops and amenities. The block is offered for sale as a freehold investment opportunity, with all apartments currently occupied under Assured Periodic Tenancies. The flats currently achieve rents of approximately £1,200 per calendar month each, producing a gross annual income of approximately £129,600. The property offers significant potential for further enhancement, with the possibility of increasing the accommodation through the development of an additional block, subject to the necessary planning permissions. Alternatively, there is an opportunity for a purchaser to refurbish the existing apartments and potentially sell individually, offering flexibility for both investors and developers. Situated in a highly convenient and sought-after location, this investment opportunity benefits from excellent rental demand, with Poole Hospital, the RNLI Headquarters and Poole Town Centre all within approximately a mile. The property is ideally positioned for access to a wide range of local amenities, employment opportunities and transport connections, making it an attractive proposition for investors.

• Freehold purpose built block of 9, 2-double bedroom apartments being moments away from the water of Poole Quay

• Each apartment achieving £1,200 per calendar month

• Annual gross income of £129,600 approximately

• Potential to create a higher income to holiday let all 9 apartments

• Holiday let income seasonally varying between £125 - £300 per night

• 4,806 sq ft of apartment accommodation (excluding communal areas)

• Opportunity to add additional floors to the building, redevelop, or create another dwelling to the front (STPP)

• Potential to refurbish and sell the apartments individually, offering an attractive opportunity for investors and developers

• Excellent rental location with Poole Hospital, RNLI Headquarters and Poole Town Centre all within approximately one mile, supporting strong demand from local tenants

• 3 ground floor garden apartments

• Double glazing and electric heating

• 9 parking spaces with pleasant communal gardens, with potential to increase to 5 more spaces

• Freehold and being sold with no forward chain

Skinner Street is set in the heart of Poole, being a few hundred yards to the Quay, yet in a quiet and restful location. It is an ideal location if you want everything on hand. Shops, restaurant and bars are within 500m, with the Quay, Baiter Park and Poole Park, a level walk away. The bus station and train station are 800m away, along with excellent road links to the east and west of Dorset.

COUNCIL TAX BAND: B (Each apartment) EPC RATING: Ranging from D and C  -EPC Shown is for Flat 5

NB floor plan shown is Flat 1 for example – all other apartments are a very similar layout and size