No longer on the market
This property is no longer on the market
MapMixed use
Mixed use
Features and description
- Residential Investment Sale
- Bishop's Waltham, Hampshire
- Rental income £30,720
- Gross yield 5.7%
- Guide Price £535,000
- Affluent market town
- Strong rental yield potential
- Data room available
Avenue Court
- Freehold apartments
- Rental income £30,720
- £535,000
Avenue Court, The Avenue, Bishops Waltham, Southampton, SO32 1BN
A detached building comprising a total of 6 flats, 1 x 2-bed and 3 x 1-bed plus two flats which have already been sold off on 999-year leases. The four available flats are fully-let on AST’s and produce a gross rental income of £30,720.
Avenue Court is situated at the junction of The Avenue and the B2117 Winchester Road, under a mile from the centre of Bishop’s Waltham.
Guide Price - £535,000
All offers are subject to contract for the freehold interest subject to and with the benefit of the existing tenancies.
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction.
We do not believe that VAT will be added to the purchase price.
VIEWINGS
Strictly by appointment with the joint agents, through whom all negotiations must be conducted.
Trinity Rose Commercial – Jon Baud on[use Contact Agent Button] /[use Contact Agent Button].
Primmer Olds –[use Contact Agent Button].
Bishop’s Waltham is found on the edge of the South Downs National Park. It is a popular and thriving medieval town with a wide array of retailers including independent boutiques, coffee shops, pubs, restaurants and national chains including Costa, Sainsbury’s, Josies, Barclays Bank, Lloyds Bank, The Co-Operative funeral care, Post Office, Hylands, D&G Hardware, various estate agents and professional service providers.
The town lies 6 miles north of the M27 and 8 miles east of the M3 motorway, with the nearest train station at Botley, some 3 miles away. The City of Winchester is 10 miles to the north-west while Southampton is the same distance to the south-east.
- Freehold apartments
- Rental income £30,720
- £535,000
Avenue Court, The Avenue, Bishops Waltham, Southampton, SO32 1BN
A detached building comprising a total of 6 flats, 1 x 2-bed and 3 x 1-bed plus two flats which have already been sold off on 999-year leases. The four available flats are fully-let on AST’s and produce a gross rental income of £30,720.
Avenue Court is situated at the junction of The Avenue and the B2117 Winchester Road, under a mile from the centre of Bishop’s Waltham.
Guide Price - £535,000
All offers are subject to contract for the freehold interest subject to and with the benefit of the existing tenancies.
LEGAL COSTS AND VAT
Each party is expected to bear their own legal costs in this transaction.
We do not believe that VAT will be added to the purchase price.
VIEWINGS
Strictly by appointment with the joint agents, through whom all negotiations must be conducted.
Trinity Rose Commercial – Jon Baud on[use Contact Agent Button] /[use Contact Agent Button].
Primmer Olds –[use Contact Agent Button].
Bishop’s Waltham is found on the edge of the South Downs National Park. It is a popular and thriving medieval town with a wide array of retailers including independent boutiques, coffee shops, pubs, restaurants and national chains including Costa, Sainsbury’s, Josies, Barclays Bank, Lloyds Bank, The Co-Operative funeral care, Post Office, Hylands, D&G Hardware, various estate agents and professional service providers.
The town lies 6 miles north of the M27 and 8 miles east of the M3 motorway, with the nearest train station at Botley, some 3 miles away. The City of Winchester is 10 miles to the north-west while Southampton is the same distance to the south-east.