This property is no longer on the market
3 bedroom block of apartments
Key information
Property description & features
- Tenure: Freehold
- Investment Opportunity
- 2x New Build Flats with 10 Year Warranty
- Generating £35,400 per annum in rent
- Freehold
- Scope to extend and add value
The 2 bedroom flat is let to professional tenants generating £1800 per calendar month with 3 local estate agents recently valuing the property at £450,000 to £500,000. The current tenancy runs until December 2024 and the sale would be based on the tenants remaining in situ. The property benefits from integrated Neff/Bosch appliances, new boiler and some furniture which is all included within the sale.
The studio flat occupies the rear first floor of the building and whilst it is an unusual shape it offers good quality accommodation with high ceilings and modern finishes. The flat is let to working tenants at £1150 per calendar month and is fully furnished and benefits from appliances which are also included within the sale. Some architectural drawings have been created to show the potential to add a pitched roof and further habitable space to this property which could mean this flat becomes a larger 1 bedroom flat or even a two bedroom flat depending on the layout (Subject to Planning Permission) which could add significant value.
Please note the photos used within this advert are from before the tenancies began but both properties are still in very good condition having been well maintained by the tenants in occupation.
Viewing are strictly by appointment, please contact our Sales Team for further information.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference ASP000ABA. 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 Aspect - Harleseden.
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.