>
Bournemouth 18 bed detached house for sale
Bournemouth
£1,100,000
Bournemouth
£1,100,000
Our Summary
- Considered suitable for conversion to holiday apartments/serviced accommodation
Description
This property is a superior 5-bedroom owners' maisonette with 13 letting rooms, all en-suite, located overlooking beautiful gardens. The property features a breakfast room, hotel kitchen, and a garden, making it an ideal investment opportunity. The 13 letting rooms are spread across two floors, with the owners' accommodation situated on the top floor, comprising a living room, luxury fitted kitchen/dining room, laundry room, three bedrooms, and a family bathroom. The business has previously operated as a B&B, generating an annual income of £185,000, but is now let to a third-party operator on a 7-year lease, providing a steady income of £40,000 per annum, rising to £48,000 per annum, with the tenant covering all utility costs.