This property is no longer on the market
1 bedroom detached house
Key information
Property description & features
- Freehold Investment
- Three Flats Let on AST's
- Ground Floor Former Social Club
- Previous Planning Approval for a further 2x flats and commercial unit
- Currently Producing £24,840 PA (with vacant ground floor)
- Potential Yield of £50,040 PA (STPP)
Ground Floor -
Flat 4 - First Floor
One bedroom flat - 446 Sq Ft - let on an AST at £600 PCM
Flat 5 - First Floor
Two bedroom flat - 647 Sq Ft - let on an AST at £695 PCM
Flat 6 - Second Floor
Two bedroom flat with roof terrace - 688 Sq Ft - let on an AST at £775 PCM
Outside - The title includes a small forecourt to front providing potential off-road parking for 1/2 cars.
Planning - Planning was previously granted for conversion of ground floor to create one commercial unit and two additional flats under reference: 19/00932/FUL. Planning has now lapsed but we believe this could be reinstated.
Proposed accommodation -
Unit 1 - commercial unit - 679 Sq Ft - Potential rent £600 PCM
Unit 2 - two bedroom flat - 689 Sq Ft - Potential rent £750 PCM
Unit 3 - two bedroom flat - 662 Sq Ft - Potential rent £750 PCM
Potential to yield an additional £25,200 PA making a total potential yield from the building of £50,040 PA
Agents Note Sales - PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.
Aml - ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.
Property information from this agent
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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
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