Sale Agreed
£1,295,000
The Farthings, Grove Road, Bournemouth
8
4
7
Property Features
- Opportunity to acquire 4 apartments in one solus block
- Existing Furnished Holiday Lettings business for the past 6 years
- Option to also do Assured Shorthold Tenancies
- Turnkey solution with the majority of furniture, linen, crockery and cutlery
- Existing set-up for cleaning and changeovers
- Database of holiday guests for the past 6 years
- Balance of booking monies go to the new owner on completion
- Existing AirBNB marketing which can be expanded to other portals
- Dedicated parking space with each property-secure behind electric gates
- Pet friendly-key for holiday bookings
Tenure: Freehold
Property Summary
Opportunity to acquire four apartments in one solus block which has been run as a Furnished Holiday Lettings business with existing support system and includes a six year database of guests.
This is a unique opportunity in a perfect letting location.
The Farthings is a freehold solus block containing 4 apartments. All are self-contained and each has a dedicated parking space with bollards accessed via electric gates. They have been run for the last 6 years as Furnished Holiday Lettings and have a support network in place for cleaning, changeovers and maintenance. There is of course an option to do Assured Shorthold Tenancies (projected income of £65k).
The owners have reduced the marketing for Furnished Holiday Lettings and there is an opportunity to maximise the potential by marketing beyond AirBNB with the likes of TripAdvisor, Homeaway, Booking.com, Expedia, and Paws & Stay.
The block is being offer as a turnkey solution with the majority of furniture, linen, crockery and cutlery and an existing network for cleaning and changeovers. Essentially for holiday bookings, the block is pet-friendly.
Each apartment has a video entry system and a fully fitted kitchen including dishwasher, washing machine and microwave.
APARTMENT 1
APARTMENT 2
APARTMENT 3
APARTMENT 4
AREA DESCRIPTION
The Farthings is perfectly located for furnished holiday lettings or Assured Shorthold Tenancy lettings. It is less than half a mile from the Wessex Way with at least dual carriageway to the New Forest, Southampton and the UK motorway network. Bournemouth International Airport is one of the fastest growing in the UK and Bournemouth Railway Station which is in walking distance has direct routes to London and Manchester.
You are literally on top of the beaches with a 2 minute walk to Pier Approach and Bournemouth Gardens. In this central location you can walk to practically anything you could want:
Bournemouth’s huge choice of restaurants: Neo, Turtle Bay, Urban Garden, Drgnfly are favourites. Or by the pier get fish n chips at Harry Ramsden’s.
Walk the 7 miles of award winning beaches and enjoy the many beachfront eateries, getting as far as the famous Sandbanks and Poole Harbour.
Visit the 10 screen Odeon multiplex cinema or the Pavilion for shows or the BIC for concerts-Paloma Faith, Keane and The Human League are all appearing this year. Plus Bournemouth has a renowned nightlife.
Meyrick Park public golf course is just off the town centre, there are tennis courts in Bournemouth Gardens and many options for gyms and swimming pools. With the beach and promenade a destination for runners, again you are in a perfect location.
And when the Bournemouth Air Show is on, or the summer fireworks or the Christmas Wonderland you are in prime position.
A perfect location to maximise your income.
TENURE
Freehold
This is a unique opportunity in a perfect letting location.
The Farthings is a freehold solus block containing 4 apartments. All are self-contained and each has a dedicated parking space with bollards accessed via electric gates. They have been run for the last 6 years as Furnished Holiday Lettings and have a support network in place for cleaning, changeovers and maintenance. There is of course an option to do Assured Shorthold Tenancies (projected income of £65k).
The owners have reduced the marketing for Furnished Holiday Lettings and there is an opportunity to maximise the potential by marketing beyond AirBNB with the likes of TripAdvisor, Homeaway, Booking.com, Expedia, and Paws & Stay.
The block is being offer as a turnkey solution with the majority of furniture, linen, crockery and cutlery and an existing network for cleaning and changeovers. Essentially for holiday bookings, the block is pet-friendly.
Each apartment has a video entry system and a fully fitted kitchen including dishwasher, washing machine and microwave.
APARTMENT 1
- Ground floor
- South facing outside space
- Living room/Dining area
- Double bedroom with en suite bathroom
- Single bedroom
- Shower room
- Fully fitted kitchen
APARTMENT 2
- 1st Floor
- Living room/Dining area
- Double bedroom with en suite bathroom
- Double bedroom
- Shower room
- Fully fitted kitchen
APARTMENT 3
- 1st Floor
- Living room/Dining area
- Double bedroom
- Twin bedroom with en suite bathroom
- Shower room
- Fully fitted kitchen
APARTMENT 4
- Ground floor
- South facing outside space
- Living room/Dining area
- Double bedroom with en suite bathroom
- Double bedroom with bunk beds
- Shower room
- Fully fitted kitchen
AREA DESCRIPTION
The Farthings is perfectly located for furnished holiday lettings or Assured Shorthold Tenancy lettings. It is less than half a mile from the Wessex Way with at least dual carriageway to the New Forest, Southampton and the UK motorway network. Bournemouth International Airport is one of the fastest growing in the UK and Bournemouth Railway Station which is in walking distance has direct routes to London and Manchester.
You are literally on top of the beaches with a 2 minute walk to Pier Approach and Bournemouth Gardens. In this central location you can walk to practically anything you could want:
Bournemouth’s huge choice of restaurants: Neo, Turtle Bay, Urban Garden, Drgnfly are favourites. Or by the pier get fish n chips at Harry Ramsden’s.
Walk the 7 miles of award winning beaches and enjoy the many beachfront eateries, getting as far as the famous Sandbanks and Poole Harbour.
Visit the 10 screen Odeon multiplex cinema or the Pavilion for shows or the BIC for concerts-Paloma Faith, Keane and The Human League are all appearing this year. Plus Bournemouth has a renowned nightlife.
Meyrick Park public golf course is just off the town centre, there are tennis courts in Bournemouth Gardens and many options for gyms and swimming pools. With the beach and promenade a destination for runners, again you are in a perfect location.
And when the Bournemouth Air Show is on, or the summer fireworks or the Christmas Wonderland you are in prime position.
A perfect location to maximise your income.
TENURE
Freehold
Floorplans
PLEASE NOTE: Measurements quoted are approximate and for guidance only. Fixtures and fittings, services and appliances have not been tested and therefore no guarantee can be given that they are in working order. Images have been produced for information and it cannot be inferred that any items shown is included with the property. These particulars are believed to be correct but their accuracy is not guaranteed and they do not constitute an offer or form part of a contract. Solicitors are specifically requested to verify the sales particulars details in the pre contract enquiries in particular price, local and other services.
