Holdenhurst Road, Bournemouth... 47 bed property with land for sale

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Holdenhurst Road, Bournemouth... 47 bed property with land for sale

Holdenhurst Road, Bournemouth, Dorset, BH8
£3,500,000

Our Summary

  • * * Planning gain potential - located in Tall Building Zone ** SPV purchase available *A rare opportunity to acquire a Freehold mixed residential and commercial investment property with scope for planning gains (STPP)This parade of shops with self-contained residential units above comprises 6 commercial units, 6 HMOs (with a total of 41 rooms) and 3 self-contained flats and is fully let at present

Description

This rare investment opportunity presents a freehold mixed-use property in Bournemouth's Tall Building Zone, comprising six commercial units, six HMOs, and three self-contained flats, all fully let and generating a gross annual income of £350,000, representing a yield of nearly 10%. With planning gain potential, the property has had positive pre-app discussions with the local authority for a purpose-built student accommodation tower or build-to-rent residential scheme. The property is currently let on ASTs and commercial leases, with no covenants affecting redevelopment. The seller is open to a SPV purchase, making this a unique chance to acquire a valuable investment property with significant growth potential.