1 /5
£500,000
Frances Road, Bournemouth, Bournemouth, BH1
- 7 beds
Under offer/SSTC
£500,000
- 7 beds
Get Buyer Passport
Buyer Passport helps you access new properties hitting the market including off market properties while getting you ahead of the game and making you purchase ready. Follow an easy step by step guide on how to purchase and stand out from other buyers.
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
£2,283 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£25,000
Share
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
DEVELOPMENT POTENTIAL - Heritage Sales and Lettings are pleased to be able to offer for sale this freehold semi detached HMO currently arranged into seven units (4 x 1 beds and 3 x bedsits with shared shower). This property, set over three floors receives an income of ?28,440 per annum ( 1 x 1 bed flat is currently vacant) Income capabilities of in excess of ?35k per annum creating a 7% return as is with 4 x parking spaces occupying the front drive.
Planning permission has just been granted for extending and converting to 6 x 1 bedroom flats, BCP planning application number 7-2022-21619-B with a re-sale value of approx ?900k - ?960k.
Rental values after conversion are approximately ?50-?54k per annum creating an 8%+ return.
Flat 1 - 1 bed - ?400 pcm
Flat 2 - 1 bed - ?595 pcm
Flat 3 - Bedsit with kitchenette and shared shower - ?325 pcm
Flat 4 - Bedsit with kitchenette and shared shower - ?325 pcm
Flat 5 - Bedsit with kitchenette and shared shower - ?325 pcm
Flat 6 - 1 bed - ?400 pcm
Flat 7 - 1 bed - Vacant
NB this property currently has some subsidence which will require some attention. EPC ratings vary between D and E
Planning permission has just been granted for extending and converting to 6 x 1 bedroom flats, BCP planning application number 7-2022-21619-B with a re-sale value of approx ?900k - ?960k.
Rental values after conversion are approximately ?50-?54k per annum creating an 8%+ return.
Flat 1 - 1 bed - ?400 pcm
Flat 2 - 1 bed - ?595 pcm
Flat 3 - Bedsit with kitchenette and shared shower - ?325 pcm
Flat 4 - Bedsit with kitchenette and shared shower - ?325 pcm
Flat 5 - Bedsit with kitchenette and shared shower - ?325 pcm
Flat 6 - 1 bed - ?400 pcm
Flat 7 - 1 bed - Vacant
NB this property currently has some subsidence which will require some attention. EPC ratings vary between D and E
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£3,750
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worth
Check instantly an estimated value of your homeFind the best
local agent
Compare local estate agents based on their performanceGet an Instant
cash offer
Get a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.