9 bed for sale in Lytton Road, Bournemouth, BH1 (ref: 620239)

This freehold HMO is currently arranged as nine units with the majority being self contained studio flats/ bedsits paying their own council tax. All flats have individual electricity meters and pay their own usage.

There is potential for the property to be re-arranged more efficiently as either seven flats (4x1 bedroom & 3x studios) with a very modest internal reconfiguration leaving tenants mostly in situ, or increased to a 10 bedroom HMO (STPP) again with very modest internal reconfiguration.

Flats have been modernised when they have become available, and recent works include:

Full external refurbishment

New flat roof and dormer repairs/ refurb.

New Veisman boiler with 12 year warranty.

Considerable electrical work to meet latest EICR.

Internal refurbishment of the flats unaffected by proposed conversion.

Communal hallway refurbishment.

Representative images are available on request.

Current rent roll of £74,700pa broken down as -

GFF - £770pcm

Room 1 - £575pcm (shared bathroom & kitchen)

Room 2 - £575pcm (shared bathroom & kitchen)

Flat 3 - £675pcm

Flat 4 - £700pcm

Flat 5 - £695pcm

Flat 6 - £760pcm

Flat 8 - £750pcm

Flat 9 - £725pcm

Further information -

The vendor of the property is engaged in estate agency work and is connected to the selling agent and a declaration to that is being made here.