19 Suffolk Road
Suffolk Road, Bournemouth, BH2 5SU
- 0
Key features
Guide Price: *
£500,000
Fees apply
Reservation fee:2.40% (min. £6,000)
All fees include VAT at 20%
Auction Type:
† Conditional
Start price:
£500,000Bid history
0 bidsFreehold Block of Four Flats | Central Bournemouth | £54,000 p.a. Income | Development Potential (STPP)
A fantastic opportunity to acquire a well-maintained freehold block of four flats in a prime central Bournemouth location, offering immediate income and excellent scope to add value.
Situated in the heart of Central Bournemouth, just moments from the beautiful Bournemouth Gardens leading directly to the pier and award-winning sandy beaches, this property benefits from strong tenant demand and long-term growth potential.
Current Accommodation & Income
The property currently comprises:
Total Current Income: £54,000 per annum
All apartments are in good internal condition. Tenants are fully referenced and occupy under standard AST agreements. All compliance certificates are available for inspection.
Development Potential (Subject to Planning Permission)
Plans and drawings indicate potential to reconfigure into six flats, comprising:
Projected Income: £77,400 per annumEstimated GDV: £845,000
Drawings are available to view. All development potential is subject to obtaining the necessary planning consents.
Additional Features
This is an exciting opportunity for investors seeking a high-yield buy-to-let with asset management potential, or developers looking to unlock further value in a sought-after coastal location.
Agents note: Some photographs in this listing have been digitally enhanced using image-processing and/or AI technology. Enhancements may include adjustments to furnishings and are intended to illustrate the property’s potential. All photos provided to us by the owner were taken prior to the current tenant in situ - internal viewing is recommend to see current condition.
Freehold Block of Four Flats | Central Bournemouth | £54,000 p.a. Income | Development Potential (STPP)
A fantastic opportunity to acquire a well-maintained freehold block of four flats in a prime central Bournemouth location, offering immediate income and excellent scope to add value.
Situated in the heart of Central Bournemouth, just moments from the beautiful Bournemouth Gardens leading directly to the pier and award-winning sandy beaches, this property benefits from strong tenant demand and long-term growth potential.
Current Accommodation & Income
The property currently comprises:
Total Current Income: £54,000 per annum
All apartments are in good internal condition. Tenants are fully referenced and occupy under standard AST agreements. All compliance certificates are available for inspection.
Development Potential (Subject to Planning Permission)
Plans and drawings indicate potential to reconfigure into six flats, comprising:
Projected Income: £77,400 per annumEstimated GDV: £845,000
Drawings are available to view. All development potential is subject to obtaining the necessary planning consents.
Additional Features
This is an exciting opportunity for investors seeking a high-yield buy-to-let with asset management potential, or developers looking to unlock further value in a sought-after coastal location.
Agents note: Some photographs in this listing have been digitally enhanced using image-processing and/or AI technology. Enhancements may include adjustments to furnishings and are intended to illustrate the property’s potential. All photos provided to us by the owner were taken prior to the current tenant in situ - internal viewing is recommend to see current condition.
Summary
- Property type
- Other
- Tenure
- Freehold
- Bedrooms
- 8
- Bathrooms
- 5
- Council tax band
- N/A
Guide Price: *
£500,000
Fees apply
Reservation fee:2.40% (min. £6,000)
All fees include VAT at 20%
Auction Type:
† Conditional
Start price:
£500,000Bid history
0 bidsSummary
- Property type
- Other
- Tenure
- Freehold
- Bedrooms
- 8
- Bathrooms
- 5
- Council tax band
- N/A
This property is being sold by:
Welcome Homes Property - Bournemouth
01202 055487
2 Castle Parade, Bournemouth, Dorset, BH7 6SH
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Proptech and Welcome Homes Property Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Welcome Homes Property Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above. All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.
Where stated in the bid box above, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and Deposit. You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction. You card issuer may take up to 10 working days for this amount to be available to you in your account.
