Kensington Lodge – Westcliff
Price £1,400,000
Detached x12 Bedrooms x12 Bathrooms
Key Features
- HMO INVESTMENT OPPORTUNITY
- 11 INDIVIDUAL ENSUITE RENTAL UNITS
- 2 BEDROOM MODERN APARTMENT
- RENOVATION POTENTIAL
- GARAGE & SUMMERHOUSE
- COMMUNAL LAUNDRY
- COMMUNAL KITCHEN
- FORECOURT PARKING
Investment Opportunity – Kensington Lodge, Bournemouth
Bourne Prestige are delighted to present Kensington Lodge, a unique opportunity to purchase 11 fully tenanted rooms, each with its own ensuite, as well as access to two communal kitchens and a communal laundry.
Additionally, the property includes a modern two-bedroom apartment complete with a large deck and garden. The apartment, currently operating as a holiday let, enhances the appeal of the property.
Kensington Lodge is generating approx. £80,000 per annum with a gross yield of 5.7%. Situated just a short distance from Bournemouth’s vibrant town centre and Westbourne, this investment property offers convenient access to the area’s renowned beaches, shopping and leisure facilities.
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TWO BEDROOM APARTMENT
Lounge Diner
This stunning apartment features a spacious lounge and dining area measuring approximately 4.90m x 6.15m, with high ceilings and full-length French doors leading to a large, elevated decking area. Leading off the decking is a lawned garden.
Kitchen
The modern kitchen is fitted with units at both eye-level and base-level, complemented by a central island that includes an induction hob. The kitchen is also equipped with a double electric oven, integrated dishwasher, integrated fridge, integrated freezer and a wine cooler.
Bedrooms
The apartment offers two well-appointed double bedrooms, each with its own modern ensuite shower room.
11 ROOMS WITH ENSUITES
The property also includes 11 tenanted rooms with ensuites, each offering access to shared amenities, including two communal kitchens and a laundry room. Additionally, the house includes an office and a storage room for added convenience.
This versatile property presents a rare opportunity to acquire a turnkey investment in one of the UK’s most sought-after coastal locations. Offering an estimated 5.7% yield, this is an ideal investment for those seeking a turnkey investment with renovation potential.
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