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Property
Property description & features
- * Excellent Investment Opportunity
- * Whole Property For Sale
- * Arranged As Three Rented Flats Plus Launderette
- * Immediate Income
- * Central Burnham
- * All Flats & Launderette Let
Situated close to Burnham High Street, this excellent investment opportunity offers an immediate income.
The property is currently arranged as three self-contained flats (comprising of a one bedroom flat and two studio flats) and a working launderette, so could offer a live/work arrangement if required.
All the flats are let and occupied by long standing tenants (occupied since 2003, 2009 & 2012 respectively) and the launderette is also currently leased with 2 years remaining.
The total income from the flats and launderette for 2020/21 is£21,105 with outgoings of £2,343 leaving a net income of £18,762. Energy rating D for Flat 1 and 2. Energy rating E for flat 3.
Further financial information and viewings are available by request.
Rooms
Laundry Room
25.2 x 10.2 - maximum measurement. Wooden framed glazed windows and door to front. Door opens into Laundrette. Storage cupboard to left hand side. Built in recess housing the machines with built in benches on both sides (two on the left and one on the right) providing seating. Fluorescent lighting. Door to rear.
Flat 1 (One bedroom flat)
UPVC entrance door with double glazed inserts opens into;
Entrance Hall
Light. Door opening into;
Inner Hallway
Stairs rising to first floor.
First Floor Landing
Split level landing. Doors to all rooms. Radiator.
Kitchen
8.1 x 5.8 - Fitted with a range of floor and wall units with area of work surface over incorporating a stainless steel sink drainer unit with mixer tap. Space and plumbing for washing machine and space for freestanding fridge/freezer. Electric oven incorporating hob with stainless steel extractor hood over. Tiling to splash backs. Wood effect laminate flooring. Storage cupboard. UPVC double glazed window to rear and two further UPVC double glazed windows to side. Telephone point.
Bathroom
5.5 x 7.8 - Fitted with a white suite comprising; panel bath with electric 'Mira' shower over and pedestal wash hand basin. Recessed spotlights. Extractor fan. UPVC double glazed obscured window to side. Radiator. Wood effect laminate flooring.
Seperate WC
5.5 x 3.5 - Fitted with a close coupled WC. UPVC double glazed window to side. Wood effect laminate flooring.
Bedroom
11.5 x 10 - UPVC double glazed window to rear. Radiator. Two built in storage cupboards.
Lounge
11.2 x 15.1 - UPVC double glazed window to front. Wood effect laminate flooring. Two recesses with shelving and cupboards for storage under. Radiator.
Flat 2 (Studio Flat)
24.3 x 8 - Two double glazed windows to side. Entrance door with double glazed insert opening into flat.
Kitchen area: Fitted with a range of floor and wall units with area of worksurface over incorporating a stainless steel sink drainer unit with mixer tap. Space for freestanding oven and hob and fridge/freezer. Tile effect lino.
Main living area: Radiator. Door leading to bathroom.
Fitted with a white suite comprising; recessed shower cubicle with shower over, pedestal wash hand basin and close coupled WC. Tiling to full height.
Flat 3 (Studio Flat)
6.8 x 28.3 - Two double glazed windows to side. Entrance door with double glazed insert opening into flat.
Kitchen area: Fitted with a range of floor and wall units with area of worksurface over incorporating a stainless steel sink drainer unit with mixer tap. Space for freestanding oven and hob and fridge/freezer. Tile effect lino.
Main living area: Radiator. Door leading to bathroom.
Fitted with a white suite comprising; recessed shower cubicle with shower over, pedestal wash hand basin and close coupled WC. Tiling to full height.
Rear Porch
9.9 x 7.7 - (maximum measurement) Baxi combination boiler providing hot water and heating to all flats. Tap. Polycarbonate roof. Corrugated plastic to 1 side.
Property information from this agent
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Property reference BNM210326. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Westcoast Properties - Burnham On Sea.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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