Income-ready central block with parking and obvious uplift potential.
Freehold block of six apartments over ~2,401 sq ft
Current reported rent c. £4,500 per month (income-producing)
Mix: 1 large garden flat, 2 one-bed/studios, 2 studios sharing a shower
Two studios recently refurbished; others offer improvement potential
Off-street parking and external storage; short walk to town and beaches
Area: student-oriented, high local crime rate and higher deprivation
Construction 1930s–1940s; likely cavity walls with no insulation (assumed)
Some units share facilities; services, electrics and heating untested
This freehold block on Norwich Avenue offers an established income stream and clear scope for value-add refurbishment. Arranged over multiple floors, the building contains a large ground-floor one-bedroom maisonette with private garden plus four self-contained studios and two studio rooms sharing a shower — a flexible mix suited to rental or multi-let strategy. Current reported rental income is about £4,500 pcm, and the property benefits from off-street parking and fast broadband.
Positioned a short walk from Bournemouth town centre and beaches, the building sits in a busy, student-oriented neighbourhood that supports steady demand for compact lets. Two studios have been newly refurbished, demonstrating straightforward upgrade potential across the remainder of the block. The terrace retains period character, including bay windows and typical 1930s–1940s construction details that can be attractive to tenants and future buyers.
Buyers should note material considerations plainly: the area has a higher crime rate and is classed as deprived, which can affect tenant profiles and management needs. Construction is likely cavity wall with no insulation (assumed) and glazing dates are not confirmed, so thermal upgrades may be required to meet modern standards and improve energy costs. Several units share facilities and full testing of services, electrics and heating is recommended before purchase.
For an investor or owner-occupier looking to scale income, this block offers a workable footprint and immediate letting potential with scope to increase returns through targeted refurbishment, thermal improvements and reconfiguration where permitted. The freehold status and central location make this a pragmatic acquisition for those prepared to manage a mixed-studio portfolio in a lively coastal town.
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