Lymington Road, Highcliffe, Christchurch Offers in the Region Of £1,150,000

Fantastic Large 10-Bedroom HMO in Highcliffe - Investment Opportunity with Potential for Rear Development

This is a rare opportunity to acquire a substantial 10-bedroom detached HMO property in the highly sought-after residential area of Highcliffe. Currently generating an impressive rental income of approximately £86,000 per year, this property is an ideal investment for those looking to expand their portfolio.

The property is thoughtfully designed, with most rooms featuring en suite showers for added convenience and privacy. The communal areas are particularly impressive, offering two spacious and well-maintained rooms, a large kitchen/dining area perfect for shared living, and a utility room providing additional practical space.

With gas central heating and double glazing, the property ensures comfort and energy efficiency year-round. Outside, there is ample parking and a generously sized communal garden, perfect for outdoor relaxation and socializing.

Moreover, the property offers significant development potential. There is the possibility of applying for planning permission to build two semi-detached bungalows at the rear, subject to approval, presenting an excellent opportunity for additional income or future resale value.

Situated just a stone’s throw from excellent local shopping facilities and well-served by regular bus routes, the property is ideally located in a highly desirable area known for its community feel and convenient access to amenities.

Please note, the property is scheduled for exterior redecoration to ensure it remains in top condition. The owner is seeking for the purchaser to cover their fees—further information is available upon request.

This is an exceptional opportunity not to be missed. For further details and to arrange a viewing, please get in touch