This property is no longer on the market
15 bedroom block of apartments
Key information
Property description & features
- Tenure: Freehold
- COMMERCIAL / RESIDENTIAL INVESTMENT
- GUIDE PRICE: £1,050,000 - £1.1 M
Location:
The property is located adjacent to a parade of shops and to the rear of Redruth Court.
Description:
A large detached 3 storey corner property with a GIA of approximately 6,062 sqft (564 sqm) comprising of a retail unit and 11 self contained flats. There are 7 x 1 bedroom and 4 x 2 bedroom flats each with lounge/kitchen and shower room. The property has electric heating, double glazing, CCTV system and the flats also benefit from an intercom entry system, fire alarm system and emergency lighting.
Tenure
Freehold, subject to existing tenancies.
Solicitors
Smith Partnership, Charnwood Court, 5B New Walk, Leicester
LE1 6TE
[use Contact Agent Button] ~ Ref: D Thomas
Accommodation
Schedule of Accommodation & Tenancies:
UNIT / FLOOR ACCOMMODATION SQFT (SQM) APPROX EPC 12 MONTHS AST FROM RENT £ PAX but includes water bills Flat 1 - Ground1 bedroom420 (39)61,D12.10.20215,400Flat 2 - Ground1 bedroom420 (39)61,D21.03.20205,700Flat 3 - Ground1 bedroom592 (55)55,D06.06.20225,400Retail Unit No. 4 - GroundSalon, treatment room, kitchenette, WC538 (50)20.01.2023, tenant option to extend for 3 years at a new rent of 10,500 pax9,300Flat 5 - First1 bedroom420 (39)78,C05.05.20226,720Flat 6 - First1 bedroom420 (39)78,C26.03.20227,500Flat 7 - First2 bedrooms603 (56)79,C11.10.20228,520Flat 8 - First2 bedrooms603 (56)59,D29.06.20197,200Flat 9 - Second1 bedroom420 (39)71,C21.06.20226,000Flat 10 - Second1 bedroom420 (39)71,C02.11.20227,500Flat 11 - Second2 bedrooms603 (56)70,C30.11.20228,160Flat 12 - Second2 bedrooms603 (56)70,C27.07.20227,800OutsideHard standing space, bin storeCurrent Rental Income85,200Estimated Rental Income96,600
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 196245. 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 Kal Sangra Shonki Brothers - Auction House.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.