10 Bed HMO, Poole, BH14 9HU £775,000

227 BOURNEMOUTH ROAD, POOLE, DORSET BH14 9HU - 7 months ago
HMO
Outside Article 4
ROI: 9%
197 m²
Property image

ValuationUndervalued

Sold Prices£280K - £1.6M
Sold Prices/m²£2.4K/m² - £7.1K/m²

 

 

Square Metres

197 m²
Price/m²£3.9K/m²

Value Estimate

£822,935
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£193,750

Stamp Duty & Legal Fees

£68,700

Total Cash In

£262,450

 

 

Cash Out

 

Room Rate

£713

Gross Rent

£7,130

Running Costs/mo

£5,103

Cashflow/mo

£2,027

Cashflow/yr

£24,328

ROI

9%

Gross Yield

11%

Local Sold Prices

50 sold prices from £280K to £1.6M, average is £530K. £2.4K/m² to £7.1K/m², average is £4.2K/m².

Price
Date
Distance
Address
Beds
 
£625K01/250.09 mi104, Alexandra Road, Poole BH14 9EP4
£430K03/250.12 mi31, Queens Road, Poole BH14 9HG4
£480K12/220.14 mi2, North Lodge Road, Poole, Bournemouth, Christchurch And Poole BH14 9BB4
£510K11/210.14 mi6, Crescent Road, Poole BH14 9AS4
£696.5K09/210.16 mi14, Crescent Road, Poole BH14 9AS4
£550K03/250.16 mi37, Palmerston Road, Poole BH14 9HQ4
£775K01/250.16 mi62, Penn Hill Avenue, Poole BH14 9NA4
£650K12/220.17 mi15, North Lodge Road, Poole, Bournemouth, Christchurch And Poole BH14 9BA4
£505K11/220.2 mi180, Florence Road, Poole, Bournemouth, Christchurch And Poole BH14 9JG4
£472.5K02/250.21 mi12, Palmerston Road, Poole BH14 9HH4
£472.5K02/250.21 mi12, Palmerston Road, Poole BH14 9HH4
£490K06/230.21 mi83, Alexandra Road, Parkstone, Poole, Bournemouth, Christchurch And Poole BH14 9EW4
£700K05/250.26 mi83, Alexandra Road, Poole BH14 9EW4
£790K11/210.26 mi2, Birch Close, Poole BH14 9NT4
£395K12/220.27 mi53, Ashley Road, Poole, Bournemouth, Christchurch And Poole BH14 9BT4
£1.6M01/250.27 mi11, Spur Hill Avenue, Poole BH14 9PH4
£785K08/240.3 mi18, Parkstone Avenue, Poole BH14 9LR4
£600K03/250.3 mi37, Parkstone Avenue, Poole BH14 9LW4
£600K03/250.3 mi37, Parkstone Avenue, Poole BH14 9LW4
£1.3M03/230.31 mi44, Birchwood Road, Parkstone, Poole, Bournemouth, Christchurch And Poole BH14 9NP4
£930K08/220.32 mi22, Canford Cliffs Road, Poole, Bournemouth, Christchurch And Poole BH13 7AA4
£805K06/230.32 mi39, Birchwood Road, Parkstone, Poole, Bournemouth, Christchurch And Poole BH14 9NW4
£915K11/210.32 mi3, Mayfield Avenue, Poole BH14 9NY4
£355K06/210.33 mi28, Courthill Road, Poole BH14 9HJ4
£400K10/210.33 mi15, Courthill Road, Parkstone, Poole, Bournemouth, Christchurch And Poole BH14 9HJ4
£640K07/230.34 mi41, Alexandra Road, Parkstone, Poole, Bournemouth, Christchurch And Poole BH14 9EL4
£1.3M11/210.34 mi19, Canford Cliffs Road, Poole BH13 7AG4
£367K03/250.36 mi33, Douglas Road, Poole BH12 2AU4
£367K03/250.36 mi33, Douglas Road, Poole BH12 2AU4
£449K03/250.36 mi10, Courthill Road, Poole BH14 9HJ4
£449K03/250.36 mi10, Courthill Road, Poole BH14 9HJ4
£449K03/250.36 mi10, Courthill Road, Poole BH14 9HJ4
£750K08/210.36 mi48, Canford Cliffs Road, Poole BH13 7AA4
£850K11/210.38 mi11, Munster Road, Poole BH14 9PS4
£445K03/250.41 mi1, Edward Road, Poole BH14 9ES4
£445K03/250.41 mi1, Edward Road, Poole BH14 9ES4
£405K05/250.41 mi34, Albert Road, Poole BH12 2BZ4
£405K05/250.41 mi34, Albert Road, Poole BH12 2BZ4
£465K11/220.41 mi5, Edward Road, Parkstone, Poole, Bournemouth, Christchurch And Poole BH14 9ES4
£415K02/250.42 mi10, Spring Gardens, Poole BH12 2DQ4
£1.1M06/230.42 mi12, Frankland Crescent, Poole, Bournemouth, Christchurch And Poole BH14 9PX4
£1.0M09/210.43 mi58a, Canford Cliffs Road, Poole BH13 7AB4
£465K02/230.45 mi14, Glencoe Road, Poole, Bournemouth, Christchurch And Poole BH12 2DW4
£870K03/230.48 mi81, Kings Avenue, Poole, Bournemouth, Christchurch And Poole BH14 9QH4
£325K06/210.5 mi7, Woking Road, Poole BH14 0BZ4
£280K07/220.51 mi24, Salisbury Road, Poole, Bournemouth, Christchurch And Poole BH14 0DP4
£845K06/210.51 mi69, Spur Hill Avenue, Poole BH14 9PJ4
£500K06/230.53 mi69, Mansfield Road, Poole, Bournemouth, Christchurch And Poole BH14 0DG4
£1.1M06/250.54 mi42a, Canford Cliffs Avenue, Poole BH14 9QN4
£750K06/210.54 mi45, St Osmunds Road, Poole BH14 9JU4

Local Area Statistics

Population in BH14

23,759

Population in Poole

138,105

Town centre distance

1.82 miles away

Nearest school

0.20 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £775,000

March 26, 2025

Floor Plans

Property image

Description

  • Easy access to Bournemouth and Poole Town Centres +
  • High occupancy rate +
  • Full gas fired central heating +
  • UPVC double glazing +
  • External redecoration +
  • Digital door locks +
  • On site parking for 7 vehicles +
  • Detached garage +
  • Tenant use garden +

High Earning HMO Situated Conveniently Between Bournemouth & Poole Town Centres

10 Letting Rooms (1 en-suite). Dining Room. Large Kitchen. Utility Room. 2 Shower Rooms with WCs. Separate WC. Garden Room/Office with Kitchen and Shower Room.

Hall

Room 1

Bathroom/WC

WC

Dining Room

Room 2

Kitchen

WC

Shower Room

Room 3

Room 4

Room 5

FIRST FLOOR

Room 6

Room 7

Shower Room/WC

Room 8

Room 9

Room 10

GARDEN ROOM

Office/Living Room

Kitchen

Shower Room/WC

Communal Garden
Tenant use garden.
Garage
Detached.
Parking
On site parking for 7 vehicles.
VIEWING
Strictly through the vendors agents GOADSBY

ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.

These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.

Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.

Location
Parkstone Shopping thoroughfare approx. 800 yards. Branksome Mainline Railway Station approx. ½ mile. Flaghead Chine Beach approx. 2 miles. Poole Town Centre within 2½ miles. Bournemouth Town Centre approx. 2¾ miles.

LICENCES/PERMISSIONS
We are informed an HMO Licence for 10 persons in 10 households is currently held. We have not had sight of this document. Planning consent has been obtained for a rear extension and roof conversion to create 10 en-suite rooms with 2 lounges.
TRADING & BUSINESS
The rent roll as at 4th July 2024 was:
Room 1 £140 p.w. Room 5 £160 p.w. Room 9 £160 p.w.
Room 2 £170 p.w. Room 6 £130 p.w. Room 10 £120 p.w.
Room 3 £120 p.w. Room 7 £110 p.w. Garden Room £254 p.w.
Room 4 £130 p.w. Room 8 £150 p.w. TOTAL £1,644 P.W.

Agent Details

Goadsby, Poole

01202 145123

Next Steps?

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