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8 bedroom flat for sale
39 Lorne Park Road, Bournemouth, Dorset, BH1 1JL
£500,000
39 Lorne Park Road, Bournemouth, Dorset, BH1 1JL
£500,000
Our Summary
- **For Sale By Auction on Thursday 24 April 2025** *Guide Price £500,000 Freehold investment producing £62,400 per annum Description An unusual opportunity to acquire a substantial freehold terraced property, currently configured as a ground floor commercial unit with 8 flats over the first, second & third floors
Description
This substantial freehold property in Bournemouth Town Centre offers a unique investment opportunity. The property is currently configured as a ground floor commercial unit with 8 flats above, with the ground floor unit sold off on a long lease. Although the auctioneers have not been able to inspect the property internally, it is situated in a prime location near award-winning beaches, restaurants, bars, and shops, as well as Bournemouth mainline station. The 8 flats are let to Help2Rent Property Management Limited on a 3-year lease, generating £62,400 per annum. The property is being sold freehold, with a guide price of £500,000, and potential buyers are advised to carefully review the special conditions in the legal pack regarding additional charges.