St. Michaels Road, Bournemouth, Dorset, BH2

Property Details: - Type: Terraced house - Bedrooms: 6 - Bathrooms: 4

Agent: Palmer Snell - Westbourne Phone: 01202 035440

BLOCK OF 4 FLATS FOR SALE<br/><br/>An excellent opportunity to acquire a freehold block of flats situated on St Michaels Road, Bournemouth, offered for sale as a single building with potential to split/expand.<br/>The property is arranged over three floors and comprises four self-contained flats, as follows:<br/><br/>Ground Floor: A spacious two-bedroom garden flat, benefitting from direct access to a private garden area.<br/>First Floor: One studio flat and one one-bedroom flat, both well laid out and offering strong rental appeal.<br/>Second Floor: A further one-bedroom flat, along with a large attic space, offering potential for future development or storage (subject to the usual consents).<br/><br/>The building has been well maintained, with three new gas boilers recently installed serving all flats except the studio apartment, which does not have a gas supply. This provides reassurance regarding recent capital expenditure and ongoing maintenance costs.<br/>The whole building offers considerable scope to enhance value, whether through refurbishment, reconfiguration, or potential future development (STPP). Its central Bournemouth location ensures continued demand from both tenants and owneroccupiers, with easy access to the town centre, transport links, and local amenities.<br/>This is a rare opportunity to purchase a complete residential block in a soughtafter Bournemouth location, ideal for investors seeking a stable income with future growth potential.<br/><br/>