Property Details

5 bedroom terraced house for sale For Sale

Purbeck Road, Bournemouth, Dorset, BH2 5EF, BH2

£475,000

ROI = 10% BMV = 36.67%

Gallery

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.

Find out More