10-bedroom semi-detached house · BH1 3TE
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An outstanding investment opportunity awaits on Spencer Road, Bournemouth, presenting a versatile property with significant income generation and future development potential.
This substantial house, currently configured as six self-contained flats, makes an ideal prospect for a discerning investor or a buyer seeking a home with an income stream.
The property currently yields an impressive annual income in excess of £70,000, providing an immediate return on investment.
Its current arrangement as six separate dwellings offers flexibility, catering to a diverse tenant base in a popular Bournemouth location.
Each flat is designed to be self-sufficient, contributing to the property's strong rental performance.
Beyond its immediate income, this property offers considerable scope for enhancement and expansion.
There is significant HMO (House in Multiple Occupation) potential, allowing for a reconfiguration to maximise rental yield, subject to the necessary planning consents.
Furthermore, the existing structure presents exciting development potential, offering the possibility to redevelop or extend the property, again subject to planning permission.
This could involve creating additional units or enhancing the existing ones to further increase value and income.
Externally, the property benefits from a rear garden, providing valuable outdoor space for residents. A garage and car port are also included, offering secure parking and storage.
These external features also hold development potential, with the possibility of converting or extending these structures, subject to planning permission, to create additional living space or amenities.
Located on Spencer Road, the property enjoys a desirable position within Bournemouth, known for its vibrant town centre, beautiful beaches, and excellent transport links.
Residents will benefit from easy access to local amenities, shops, restaurants, and leisure facilities, as well as proximity to Bournemouth University and the A338, connecting to the wider road network.
This prime location ensures consistent demand for rental properties, underpinning the investment's long term viability.
Whether you are an experienced investor looking to expand your portfolio, or an individual seeking a unique home and income solution, this Spencer Road property offers a rare combination of immediate returns and future growth potential.
Early viewing is highly recommended to fully appreciate the scope and value on offer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Spencer Road, Bournemouth, Dorset, BH1 3TE
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