Detached house for sale
Key information
Property description & features
- Characterful Victorian premises with off-road parking
- Elevated position with far reaching views
- Seven apartments, six with AST agreements and one currently available to let
- Anticipated fully let gross income £70,380 p.a.
- Located on the outskirts of Stratford-upon-Avon
- Potential for development (STPP)
Thought to have excellent potential for future development (subject to planning permission) the property offers an excellent proposition for those considering both an immediate and long-term return.
Accommodation - Comprising five two bedroom and two one bedroom apartments, the accommodation is split over three levels and includes notable character features retained from the properties Victorian heritage providing an imposing façade, such as brick corbelling, window and door dressings, and sliding sash windows in mullion settings. Inside there are high ceilings, and a number of the apartments enjoy decorative cornicing and ceiling panel mouldings.
Outside, the property is approached by a long gravel drive through substantial front gardens. A wrap around garden extends to provide approximately 3.55acres of total site area, and is mainly laid to lawn with mature trees and with hedge and fence borders.
Investment & Development - There are six Assured Shorthold Tenancies in place including a number of long term residents, with one apartment currently available to let. Once the remaining apartment is occupied, the anticipated gross rental income will total £70,380 per annum.
Situated just under three miles from Stratford-upon-Avon town centre, and with 3.55 acres of grounds, the property offers an ideal prospect for future development (subject to planning permission).
General Information -
TENURE: The property is understood to be freehold although we have not seen evidence. This should be checked by your solicitor before exchange of contracts.
SERVICES: We have been advised by the vendor that mains electricity, gas and water are connected to the property. However, this should be checked by your solicitor before exchange of contracts.
RIGHTS OF WAY: The property is sold subject to and with the benefit of any rights of way, easements, wayleaves, covenants or restrictions etc. as may exist over same whether mentioned herein or not.
COUNCIL TAX: Council Tax is levied by the Local Authority. Council tax bands for each apartment will be confirmed on request, and range from band A-C.
CURRENT ENERGY PERFORMANCE CERTIFICATE RATING: Flat 1 - D, Flat 2 - D, Flat 3 - D, Flat 4 - D, Flat 5 - E, Flat 6 - D, Flat 7 - D.
VIEWING: By Prior Appointment with the selling agent. Video tours of the individual apartments are available upon request.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 32811408. 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 Peter Clarke & Co - Stratford Upon Avon.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on November 1, 2023
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.