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Fleets Lane, Poole, Dorset, BH15

PROPERTY TYPE

Semi-Detached

BEDROOMS

6

BATHROOMS

2

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

Key features

  • Fully Licensed 6 Bedroom HMO
  • Six Spacious Double Bedrooms
  • Producing £47,040 Per Annum Rental Income
  • Approximate Gross Yield of 10.25%
  • Two Modern Shower Rooms
  • Lounge with Direct Access to Rear Garden
  • Off-Road Parking for Approximately Four Vehicles
  • Enclosed Rear Garden with Brick-Built Storage Shed
  • Double Glazing and Gas Central Heating Throughout
  • Convenient Location Less Than Two Miles from Poole Town Centre

Description

FULLY LICENSED HMO INVESTMENT OPPORTUNITY

A fully licensed six double bedroom HMO semi-detached house, conveniently located less than two miles from Poole Town Centre. This well-maintained property is arranged over two floors and represents an excellent investment opportunity with a strong established rental income.

The ground floor accommodation comprises an entrance hallway providing access to two double bedrooms, a lounge/common room with patio doors opening onto the rear garden, a fitted kitchen, and a modern style shower room. A useful utility room is accessed from the kitchen and benefits from French doors leading to the rear garden, along with a separate personal door to the front of the property.

On the first floor, there are four further double bedrooms and an additional modern style shower room, providing ample convenience for tenants.

Externally, the property enjoys an enclosed rear garden, mainly laid to lawn with paved areas, established shrub borders, and a brick-built storage shed. To the front, a driveway provides off-road parking for approximately four vehicles.

Further benefits include double glazing throughout, fitted roller shutters to the front windows, and gas central heating.

The property presents a fantastic opportunity for investors seeking a high-yielding HMO. The current owners are only selling due to retirement, offering a rare chance to acquire a successful and established rental property.

Current Rental Income: £3,920 per calendar month
Annual Rental Income: £47,040 per annum
Gross Yield: 10.25%

Brochures

Particulars
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
No wheelchair access

Fleets Lane, Poole, Dorset, BH15

Approximate location

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Affordability

Monthly repayments£2,228
Property: £ 460,000
Deposit: £ 46,000
Interest rate: 5.02%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Austin & Wyatt, Canford Heath

15 Adastral Square, Canford Heath, Poole, Dorset, BH17 8SA
Industry affiliations:

Since 1836, Austin & Wyatt has been a cornerstone of the property market across Dorset, Southampton, and surrounding areas. We offer expert sales and lettings services with unmatched personal care and outstanding local knowledge. With multiple branches throughout the region, our experienced team is here to guide you through your property journey. Looking for help? Contact us today.

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Disclaimer - Property reference MCH260056. 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 Austin & Wyatt, Canford Heath. 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.

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