Cranbrook Road, Poole, Dorset BH12

Property Details: • Type: Detached • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Detached six bedroom HMO • Six en suite bedrooms • Gross rental income approx £51000 per annum • Approx 1464 sq ft • Fully licensed HMO • Extended kitchen dining area • Very good condition throughout • Off road parking • Freehold investment opportunity

Location: • Nearest Station: Parkstone Station • Distance to Station: 0.5774425762003645 miles

Agent Information: • Address: 133 Penn Hill Avenue, Parkstone, Poole, BH14 9LY

Full Description: A well maintained, detached, six bedroom HMO investment, offering approximately 136 sq m (1464 sq ft) of accommodation. Currently producing a gross rental income of circa £51,000 per annum. <br /> <br />This is a turn key investment, on a fully furnished basis, with tenants rental income established from day one. The sellers advise the property has successfully operated for circa ten years of profitable trading. <br /> <br />The property has been configured specifically for the HMO market and provides six individual letting bedrooms, each with its own en suite facilities. The accommodation is presented in very good condition throughout, with bright, well proportioned bedrooms and modern en suites finished with contemporary white sanitaryware, tiled shower areas and chrome fittings. <br /> <br />The ground floor provides three en suite bedrooms and the principal communal accommodation. A substantial extension to the rear has created a generous kitchen and dining area, providing tenants with useful shared living space and making efficient use of the overall footprint of the property. <br /> <br />The first floor provides a further three en suite bedrooms. <br /> <br />The property is fully licensed and offers an established income stream, making it particularly relevant to existing HMO landlords and investors seeking an operational investment rather than a conversion or refurbishment project. <br /> <br />Externally, the property is set back behind a block paved frontage providing off road parking. The rear provides ample outside space for residents, benefitting from an easy to maintain garden. Side access provides a x6 bike bicycle store. <br /> <br />Cranbrook Road is situated within an established residential area of Poole, with convenient access to local amenities and transport connections across Poole and Bournemouth. <br /> <br />The property is offered as a freehold investment opportunity. <br /> <br />The rental income and HMO information has been supplied by the sellers. Prospective purchasers should satisfy themselves as to the current tenancy arrangements, HMO licence, planning and use position, statutory compliance documentation and operating expenditure as part of their own legal and financial due diligence. <br /> <br />Corporate Ownership and Potential Acquisition Options: <br /> <br />The property is currently held within a limited company which also owns a further six-bedroom, six-bathroom HMO that may also be available to purchase. <br /> <br />Subject to agreement with the seller, prospective purchasers may therefore wish to consider a number of potential acquisition structures, including the purchase of Cranbrook Road individually, the acquisition of both HMO properties, or potentially the acquisition of the company itself. <br /> <br />For certain purchasers, acquiring the company rather than purchasing the property assets directly may result in materially different transaction tax treatment and potentially significant savings compared with a conventional property acquisition. The suitability and tax consequences of any such structure will depend upon the individual transaction and purchaser circumstances. <br /> <br />As agents, we are not providing legal, tax or financial advice and we make no representation as to the tax treatment or suitability of any particular transaction structure. <br /> <br />Interested parties should obtain independent specialist legal and tax advice before proceeding. <br /> <br />Further information regarding the second HMO and the potential acquisition options is available upon request. <br /> <br />These property details are set out as a general outline only and do not constitute any part of an Offer or Contract. Any services, equipment, fittings or central heating systems have not been tested and no warranty is given or implied that these are in working order. Buyers are advised to obtain verification from their solicitor or surveyor. Fixtures, fittings and other items are not included unless specifically described. All measurements, distances and areas are approximate and for guidance only. Room measurements are taken to be the nearest 10cm and prospective buyers are advised to check these for any particular purpose, e.g. Fitted carpets and furniture. Image Disclaimer: Selected photographs may have been digitally enhanced, including through AI-assisted editing, to improve lighting, straighten perspective and adjust cropping. No intentional changes have been made to the property's permanent physical features, layout or proportions. Images are provided for marketing purposes only and prospective purchasers should satisfy themselves as to the property's appearance and condition by inspection.