A well established HMO detached property producing a good yield with long term tenants. Situated in a sought after location close to Poole Town Centre and transport links, the rooms always let quickly. Deceptively spacious this chalet bungalow has nine letting rooms and an eleven persons license. With three bathrooms, two kitchen areas and a utility room there is good facilities for the occupants. The property has been an HMO for eleven years and currently produces a good income and has scope for further improvement.
Area - Poole is a large coastal town, a popular destination for tourists attracted by its large natural harbour and Blue Flag sandy beaches. There is a wide range of residential housing from the historic 'Old Town' to newer style developments interspersed throughout the area. The Dolphin Centre is Dorset's largest indoor shopping centre with its range of High Street brands and independent retailers. Nearby the quay, is home to a marina and harbour with further shops, pubs and restaurants ideal for relaxing and socialising. The town has great transport links by road and rail, to Bournemouth, Southampton London and beyond.
Tenure - Freehold.
Council Tax Band D
Description - Accommodation comprises, Covered Entrance Porch to Front Door. Entrance Hall leads to all principle rooms, on the ground floor there are six double rooms, sharing two bathrooms, good size kitchen, separate utility room and a large conservatory to the rear which could be used as a communal lounge area. Access off the hallway leads to the first floor. Large landing incorporates a overflow kitchen area. Three double bedrooms are serviced by a further bedroom on this floor. Outside A good size rear garden with mature trees and hedging, side access to the front, small lawned area, with two driveways providing off road parking. Current Rents per week.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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