5, Skinner Street, Poole, BH15

This unique freehold property consists of a block housing nine two-bedroom apartments, each with significant potential for renovation and investment. Built in the 1980s, these spacious units feature double glazing, electric heating, sizable lounge/dining areas, separate kitchens, and bathrooms. Occupied under Assured Periodic Tenancies, they currently generate a gross annual income of approximately £129,600 at £1,200 per month per apartment. Located just moments from the popular Poole Quay and local amenities, this property offers excellent rental demand. Investors have numerous options including refurbishing individual apartments to enhance their value or exploring the possibility of developing additional accommodation subject to planning permissions. The communal gardens provide a pleasant outdoor space and there are nine allocated parking spaces with potential for expansion. This is an attractive opportunity in a highly sought-after area that combines convenience with investment potential.