Alder Road, Poole, BH12

Land for sale, 3935 m²

Alder Road, Poole, BH12, Bournemouth

709.136 €

180 €/m²

Listed Oct 5, 2026

About this listing

GUIDE PRICE £600,000-£695,000 CONSENTED 16-BED HMO DEVELOPMENT OPPORTUNITY | 5,000+ SQ FT | BOURNEMOUTH Welcome Homes are delighted to offer this exciting development opportunity with planning consent for a substantial 16-bedroom HMO scheme. An excellent opportunity for developers and investors to acquire a consented 16-bed HMO development, with the proposed scheme providing over 5,000 sq ft of accommodation and 16 bedrooms, each designed with private en-suite facilities. The development offers the potential to create a substantial income-producing investment in a strong Bournemouth rental location. INVESTMENT POTENTIAL The proposed completed development is anticipated to provide an attractive income-producing asset, with projected rental income of approximately: £172,800 PER ANNUM This calculation is based upon 16 rooms at £900 pcm, assuming full occupancy. Based on the proposed scheme and current market appraisal, the anticipated completed investment value is estimated at approximately £1.8 million to £2.1 million, depending upon the final specification, rental levels, investment yield and prevailing market conditions at the time of completion. This provides an opportunity for an experienced developer to acquire a site with the benefit of planning already secured and undertake the development with a clear end-use and rental strategy. PLANNING The site benefits from planning consent for the proposed 16-bedroom HMO development. The planning package includes detailed proposals for the creation of a modern HMO scheme providing 16 en-suite bedrooms and associated communal accommodation. There is no CIL liability, providing an additional benefit when assessing the overall development appraisal. The following information is available to interested parties: Approved planning drawings Planning decision notice Development information DEVELOPMENT OPPORTUNITY This is an attractive opportunity for a developer or investor looking to acquire a consented HMO development rather than undertaking the planning process from scratch. The combination of: 16 en-suite bedrooms | 5,000+ sq ft | £172,800 projected annual rent | £1.8m–£2.1m anticipated completed value | No CIL makes this a particularly interesting proposition for specialist HMO investors and developers. The opportunity may suit: HMO developers Property investment companies Experienced private investors Build-to-rent investors Specialist residential developers DOWNLOAD INFORMATION & MAKE AN OFFER Full information relating to the development is available to download directly from the Welcome Homes website. Application reference no: P/25/03850/CONDR Interested parties can download the planning information and supporting documents, review the opportunity and submit an offer online.

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Rightmove

709.136 €