No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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2 bedroom cottage

Sold STC
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Cottage
2 bed
1 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Investment opportunity
  • Portfolio of 4 properties
  • Sought after Rutland village location
  • Currently providing strong rental income
  • 3 current tenants, one empty property
  • Conservation area but not Listed
  • Freehold sale
An opportunity to acquire an investment portfolio of attractive cottages within this highly sought after Rutland village. There are 4 properties within the portfolio comprises of row of 3 within a terrace and a small detached cottage. The four properties have outside storage sheds and are positioned around a shared outdoor space/courtyard. Although in the conservation area the properties are not Listed and there are currently 3 tenancy's which run until towards the end of the year. No 1 is in need of modernisation, and is vacant. No 3 offers reception hall, kitchen living room with fire place. To the first floor 2 bedrooms with bathroom. No 5 offers reception hall, refitted kitchen with hob and oven, sitting room with fire place. To the first floor 2 bedrooms and refitted shower room. No 7 is a a small detached property with kitchen, living room with fire place, downstairs bathroom and 2 bedrooms to the first floor. The properties have storage heating.

1 Wheel Lane -

Sitting Room - 3.68 x 3.55 (12'0" x 11'7") -

Kitchen - 2.89 x 2.5 (9'5" x 8'2") -

First Floor Landing -

Bedroom - 3.7 x 3.57 (12'1" x 11'8") -

Bathroom -

3 Wheel Lane -

Entrance Hall -

Kitchen - 2.4 x 2.2 (7'10" x 7'2") -

Sitting Room - 4.4 x 3 (14'5" x 9'10") -

First Floor Landing -

Bedroom - 4.4 max x 3 (14'5" max x 9'10") -

Bedroom 2 - 2.46 x 2.15 (8'0" x 7'0") -

Bathroom -

5 Wheel Lane -

Entrance Hall -

Kitchen - 2.4 x 2.1 (7'10" x 6'10") -

Sitting Room - 4.4 x 2.9 (14'5" x 9'6") -

First Floor Landing -

Bedroom - 3.9 x 2.9 (12'9" x 9'6") -

Bedroom - 2.13 x 2.46 (6'11" x 8'0") -

Shower Room -

7 Wheel Lane -

Kitchen - 2.8 x 2.08 (9'2" x 6'9") -

Sitting Room - 3.8 x 2.6 (12'5" x 8'6") -

Bathroom - 2.2 x 1.3 (7'2" x 4'3") -

First Floor Landing -

Bedroom - 2.85 x 2.88 (9'4" x 9'5") -

Bedroom - 3.7 x 1.8 (12'1" x 5'10") -

External Details - The properties are positioned around a shared courtyard with each property having an outside shed/storage. There is no parking allocated to the properties.

Tenancy Details - At present No 1 is vacant. The other properties are currently on Assured Shorthold tenancy agreements until later in the year. At present the 3 properties provide a rental income of approximately £17,250 per annum. Historically No 1 has provided a similar income to the others within the portfolio and this would provide an annual income of approximately £22,600. Further details available from Richardson[use Contact Agent Button]

Tenure - The properties are to be sold freehold with the existing tenants and current agreements

Method Of Sale - Written offers to be submitted to Richardson, Sheep Market House, Sheep Market, Stamford Lincs PE9 2RB by 12 Noon 8th October 2021

Viewing - Strictly By Appointment Through Richardson Estate Agents[use Contact Agent Button].

Property information from this agent

Places of interest

    Welcome to Richardson We are a leading independent Estate, Letting, Commercial Property Agent and Chartered Surveyors covering Stamford and Peterborough as well as the counties of Lincolnshire, Rutland, Cambridgeshire and Northamptonshire. Whether you wish to sell, buy, or let we will always strive to provide high quality professional advice, with a focus on customer service and a progressive attitude towards technology. We look forward to working with you.

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    Broadband availability and predicted speed

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