5 bed property for sale

Alder Road, Poole BH12

A superb investment opportunity to purchase this well-presented five bedroom fully licensed HMO and a ground floor commercial premises in Branksome. The property is freehold and fully occupied with a combined potential income of £43,000+ p.a. Approximately £3,600 pcm

A superb investment opportunity to purchase this well-presented five-bedroom, fully licensed HMO with a history of long-term lets, as well as a good-sized ground-floor commercial premises with a long-term tenant. The property is freehold, well presented throughout and fully occupied, bringing in £43,000+ per annum. Separate access to both units, and off-road parking for two vehicles. Situated in the popular and convenient location of Branksome with easy access to both Bournemouth and Poole, the property has been extremely well managed and will provide an instant revenue.

The commercial unit is accessed directly off Alder Road, A large retail area measuring almost 10m x 5.4m. This then leads to a kitchen area and a separate W.C. At the back of the building. Further access from the kitchen to the storeroom for the shop. The shop unit is very well kept and maintained with a long-term tenant that is paying £10,800 per annum.

Access to the HMO is located via the rear via a private lane which services the adjoining shops and apartments. Situated above the retail unit this maisonette is split over the first and second floor. Ground floor entrance with stairs to the first floor landing. Good size lounge with window to the side. Kitchen has a well fitted range of work surfaces, storage cupboards and inset appliances. Two Bedrooms located on this level with view to front aspect. Bathroom and separate w.c, are modern and well kept.

Stairs to second floor where there are three other bedrooms. The rooms are all well-presented and fully occupied.
The property has a patio at the rear.

Branksome is a suburb of Poole in Dorset and it is also has easy access to Bournemouth Town centre. The area consists of mainly residential properties with many being family homes. Main features of the area are the recreational ground used for various sporting activities and events throughout the year. Talbot Heath nature reserve provides scenic walks and links through to Coy Pond and Bournemouth Gardens taking you into the town centre. Poole retail park is close by with John Lewis, Next and other leading retailers present.

There is a main line train station at Branksome which provides direct links to Southampton, Southampton Airport and London Waterloo. Bournemouth International airport (6 miles) offers a varied schedule of flights to a number of European destinations.

Tenure: Freehold
Ground Floor Commercial Rent: £10,800 p.a. (on a 5 year lease )
First Floor Maisonette HMO Rent: £32,400 p.a.
Total Annual Income £43,000+
Parking for two cars.
All mains connected.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your cooperation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Martin and Co Bournemouth limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.