Set on an elevated plot on Highmoor Road, a rare and exciting investment and development opportunity to acquire a purpose built block of 6 x 2 bedroom apartments, 1 x 3 bedroom apartment (5 lateral and 2 duplex) and a 2 bedroom plus study bungalow, all affording great far reaching views over Poole Harbour with private terraces or balconies and underground parking.
Bedrooms: 17
Bathrooms: 16
Reception Rooms: 8
All 7 apartments currently let on ASTs
Lovely harbour views
Incredibly spacious apartments
Modern, open plan living
Passenger lift serving all floors
Freehold
The apartments are all open plan with contemporary kitchens and bathrooms and all are currently let on assured shorthold tenancies.
The bungalow has a fitted kitchen, 3 double bedrooms (the main with an en-suite shower room) and a family bathroom.
Situated within walking distance of the vibrant area of Ashley Cross where a fantastic range of amenities can be found such as artisan bakeries and coffee shops, hair and beauty salons, trendy boutiques and much more.
A couple of miles away are the safe and sandy beaches of the world famous Sandbanks where one can enjoy all the area has to offer including water sports facilities, boat clubs and of course the celebrity chef Rick Steins restaurant and bar.
Rail links to London are within easy reach as are road links to the A338, M27, M3 and beyond. Bournemouth International Airport is approximately 15 minutes away with flights to many UK and European destinations.
Current rental yield £120,564 pa
If and when individual flats are refurbished, a rental increase can be expected.
The vendor will consider selling the individual units separately - please contact Lloyds Property Group for further details.
