- DET. FREEHOLD BLOCK OF 9 APT'S. - 4 APART'S INDIVIDUALLY OWNED ON 999 YR LEASE - REMAINING 5 APT'S. ON SEP.TITLES & Incl. 2 x MAISONETTES SOME WITH STUDIES, UTILITY ROOMS, JULIET BALCONIES - PRESENTLY LET AT £32,880 PER ANNUM - CAR PARKING FOR EACH APARTMENT - ADDITIONAL ANNUAL MAINT. FEE INCOME - VERY CLOSE TO THE PROMENADE - MUST BE VIEWED TO APPRECIATE THE SCALE/SIZE OF APARTMENTS

A detached block of apartments (Since 2010/11) situated within 150Yds of The Queens Promenade Nth Shore. The block comprises 9 Apartments with Car Parking. 8 x 2 Bedroom Apartments and 1 x 1 Bedroom Apartment. 4 x 2 Bedroom apartments have been sold individually on 999 Yr Leases with the remaining apartments generating a rental income of £32,880 Per Annum.

There is of course a multitude of options for the remaining apartments - i.e. Individual Sale, Air B & B or a continuation of the current long term letting arrangement. Excellently appointed throughout and each with individual services the property enjoys 100% occupancy at the time of inspection. A generously sized Car Park at the rear offers a space for each apartment.

Annual Ground Rent/Maintenance Fees are payable for each individually owned apartment. The Freehold of this building is included in the Sale.

GROUND FLOOR:

Communal Hallway & Rear Exit Door

APARTMENT 1 - Privately Owned 2 Bed Apartment on a 999Yr Lease (2011)
APARTMENT 2 - Privately Owned 2 Bed Apartment on a 999Yr Lease (2011)
APARTMENT 3 - Privately Owned 2 Bed Apartment on a 999Yr Lease.(2013)

FIRST FLOOR:

APARTMENT 4 - Hallway, Separate Lounge (into Bay), Separate Kitchen, Separate Bedroom 1, Separate Bathroom

APARTMENT 5 - Separate Lounge, Separate Kitchen, Separate Bedroom 1, Separate Bathroom, Separate Bedroom 2 - Juliet Balcony

APARTMENT 6 - Separate Lounge (into Bay), Separate Kitchen, Separate Bedroom 1, Separate Bathroom, Separate Bedroom 2 - Juliet Balcony

SECOND FLOOR:

APARTMENT 7 - Separate Lounge, Separate Kitchen, Separate Bedroom with En-Suite, Separate Bathroom, Separate Bedroom 2, Separate Bathroom - Juliet Balcony

APARTMENT/MAISONETTE 8 - Privately Owned (Same Spec as Apartment 9)

APARTMENT/MAISONETTE 9 - Separate Lounge, Separate Study/Dining Room, Separate Kitchen, Separate Sink & W.C - Up the Stairs to: 2 x Double Bedroom one with an En Suite plus a Separate Bathroom

EXTERIOR:

Allocated Parking for each apartment, Front Garden Space.

SERVICES :

Each Apartment has Individual Electric Heating & Hot Water, Separate Water, WIFI Facilities.

BUSINESS:

Each Apartment is individually Rated For Council Tax.

Each Apartment which is privately owned pays a monthly fee of £35pcm for Ground Rent/Service Charge.

APARTMENT 1 - Private (999Yr) - SOLD - £95,000
APARTMENT 2 - Private (999Yr) - SOLD - £99,950
APARTMENT 3 - Private (999 Yr) - SOLD - £90,000
APARTMENT 4 - £485 pcm rental income
APARTMENT 5 - £560 pcm rental income
APARTMENT 6 - £560 pcm rental income
APARTMENT 7 - £560 pcm rental income
APARTMENT 8 - Private (999 Yr) - SOLD - £95,000
APARTMENT 9 - £575 pcm rental income
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EPC RATING:
FLAT 2 - D
FLAT 4 - C
FLAT 5 - C
FLAT 6 - C
FLAT 7 - C
FLAT 9 - C

These particulars are intended only as a guide to prospective purchasers or tenants to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way or for any purpose whatever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the agent nor the vendors or landlord are to be or become under any liability or claim in respect of their content. In the event of the agents or the vendor or landlord supplying any further information or expressing any opinion to a prospective purchaser or tenant, whether verbal or in writing, such information or expression of opinion must be treated as given on the same basis as these particulars.
To make an offer please make an appointment with this office prior to contacting your Lender or Solicitor, as this may result in unnecessary costs being incurred, or the property being sold elsewhere.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it..