House For Sale £550,000
An exciting opportunity for any investor wanting to expand their property portfolio. This imposing Victorian Villa has been sympathetically converted into six spacious apartments. All six flats benefit from gas central heating and a combination of uPVC double glazing and timber single glazed windows with secondary glazing. All properties are currently let on assured shorthold tenancy's at reduced rental rates, reflecting timescales of occupation. Vacant possession can be provided on completion. Current combined rent is £2,775pcm / £3,300pa. After reviewing current demand, we feel there is potential for a combined rental income of £3,120pcm / £37,500pa.
EPC rating: C. Council tax band: X, Tenure: Freehold
Flat 1
Located on the ground floor, this flat is one of the two larger within the main building. Comprising of; entrance hall, lounge, kitchen, three bedrooms and shower room. Currently let producing £575 pcm. EPC rating: D (N/a)
Flat 2
Located on the ground floor and comprising of; kitchen/diner, lounge, bedroom and shower room. Currently let at £300pcm. EPC rating: C (N/a)
Flat 3
Located on the first floor. This flat being the smallest of all and comprising of; entrance hall, lounge, kitchen, bedroom and shower room. Currently let at £300pcm. We are advised that the tenant of this property is due to to vacate, the property will then benefit from a redecoration. Currently let producing £450pcm. EPC rating: C (N/a)
Flat 4
Located on the first floor and comprising of; entrance hall, lounge, kitchen, shower room and bedroom. Currently let at £450pcm. EPC rating C (N/a)
Flat 5
Located on the first floor and comprising of; entrance hall, lounge, kitchen, bathroom and bedroom. Currently let at £400pcm. EPC rating C (N/a)
Flat 6
Located on the second floor and being the largest flat within the building. Comprising of; entrance hall, lounge, kitchen, bathroom and two bedroom. Currently let at £600pcm. EPC rating: D (N/a)
Outside
There is allocated parking for residents and a communal garden located at the rear of the property.
EPC rating: C. Council tax band: X, Tenure: Freehold
Flat 1
Located on the ground floor, this flat is one of the two larger within the main building. Comprising of; entrance hall, lounge, kitchen, three bedrooms and shower room. Currently let producing £575 pcm. EPC rating: D (N/a)
Flat 2
Located on the ground floor and comprising of; kitchen/diner, lounge, bedroom and shower room. Currently let at £300pcm. EPC rating: C (N/a)
Flat 3
Located on the first floor. This flat being the smallest of all and comprising of; entrance hall, lounge, kitchen, bedroom and shower room. Currently let at £300pcm. We are advised that the tenant of this property is due to to vacate, the property will then benefit from a redecoration. Currently let producing £450pcm. EPC rating: C (N/a)
Flat 4
Located on the first floor and comprising of; entrance hall, lounge, kitchen, shower room and bedroom. Currently let at £450pcm. EPC rating C (N/a)
Flat 5
Located on the first floor and comprising of; entrance hall, lounge, kitchen, bathroom and bedroom. Currently let at £400pcm. EPC rating C (N/a)
Flat 6
Located on the second floor and being the largest flat within the building. Comprising of; entrance hall, lounge, kitchen, bathroom and two bedroom. Currently let at £600pcm. EPC rating: D (N/a)
Outside
There is allocated parking for residents and a communal garden located at the rear of the property.
