16 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- FREEHOLD INVESTMENT OPPORTUNITY
- BLOCK OF 10 NEWLY CONSTRUCTED APARTMENTS (6 X 2 BED & 4 X 1 BED)
- INCOME GENERATING APPROX. £150,000 PER ANNUM
- ASKING PRICE £2,300,000
- CONTACT SPICERHAART FOR MORE DETAILS
- CAN BE OFFERED WITH TENANTS IN SITU OR VACANT POSSESSION
The block is set over three floors with two staircases accessing all floors. There are doors to the front and rear, intercom systems to all apartments, communal courtyard to the rear with refuse space, CCTV throughout the common parts and triple glazed to the front and double glazed to the rear.
The building has recently been constructed and was signed off by building control in October 2023 and comes with relevant warranties/guarantees.
Flat 1 - GF 2 bedroom at 57.1 sqm2 / 614 sqft
Flat 2 - GF 1 bedroom at 52 sqm2 / 560 sqft
Flat 3 - GF 2 bedroom at 64.2 sqm2 / 691 sqft
Business Area - B1 (a) - 45 sqm2 / 484 sqft
Flat 4 - FF - 2 bedroom at 63 sqm2 / 678 sqft
Flat 5 - FF - 1 bedroom flat at 52 sqm2 / 560 sqft
Flat 6 - FF - 2 bedroom flat at 64.5 sqm2 / 694 sqft
Flat 7 - FF - 1 bedroom flat at 55.3 sqm2 / 595 sqft
Flat 8 - SF - 2 bedroom flat at 63 sqm2 / 678 sqft
Flat 9 - SF - 2 bedroom flat at 65 sqm2 / 699 sqft
Flat 10 - SF - 1 bedroom flat at 57sqm2 / 613 sqft
We have been advised the owner would be interested in leasing the Business Area and is open to discussions/proposals.
The apartments are all rented on AST's and can be offered with tenants in situation which is generating approx. £150,000 per annum or with Vacant Possession (subject to notice periods).
All viewings must be booked via Spicerhaart with relevant notice for access.
We are inviting unconditional offers of £2,300,000 for the freehold.
Rooms
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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