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Offers over

£645,000

11 bed property for sale
The Water's Edge, Central Promenade IM2

    • 11 beds

    • 11 baths

  • Freehold

Partners Real Estate

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About this property

  • 9x Double en-suite bedrooms

  • 1x Single bedroom with separate shower room

  • 1x One-bed flat

  • 2x Shared kitchens

  • Laundry room

  • Boiler room

  • Store room

  • Oil central heating system; Worcester Bosch boiler and Megaflo pressurised water cylinder

The Waters Edge – Prime Licensed HMO Seafront Property on Central Promenade

A rare opportunity to acquire a well-presented and spacious HMO ideally located on the sought-after central promenade. The Waters Edge comprises 10 generously sized letting rooms, 6 of which boast uninterrupted sea views. Nine rooms benefit from en-suite facilities, with one additional room served by a private external bathroom. There is also self-contained one bedroom flat situated on the ground floor also with sea views.

The property features a well-equipped kitchen/diner on the ground floor and a larger kitchen/diner/lounge on the first floor, offering flexible communal space. With its prime location, sea views, and potential for continued use as HMO accommodation or conversion (subject to necessary consents), this property presents an excellent investment opportunity generating 15% gross yield.

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More information

  • Tenure

    Freehold

  • Council tax band

    Council tax band not yet known

  • Ground rent

    £0

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Property descriptions and related information displayed on this page are marketing materials provided by - Partners Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Partners Real Estate for full details and further information.