Mixed use for sale
Property description & features
- Tenure: Freehold
- 31 ROOMS
- FREEHOLD
- FABULOUS INVESTMENT PROPERTY
- OVER 3 LEVELS
- MANY ROOMS ALREADY RENTED
- CLOSE TO CITY CENTRE
FULL BLOCK OF APARTMENTS FOR SALE!
Northwood are proud to present this fantastic opportunity to purchase a TURNKEY freehold Residential investment property comprises of 31 rooms. The property is close to the heart of the town centre. with several of the rooms currently rented. If fully let (potentially up to 31 rooms). The property is in need of some refurbishment but is a fab investment with rent already coming in. The property stretches over 3 floors comprises of 5 separate areas. The ground floor has the main entrance with stairs leading to the 1st and 2nd floors. The ground floor comprises of two seperate areas known as 'Apartment A' and 'Apartment B' on the floorplan. The 1st floor comprises of two seperate areas known as 'Apartment C' and 'Apartment D'. The 2nd floor has one area labeled 'Apartment E' on the plan.
'Apartment A' is on the ground floor to the left and comprises of 6 bedrooms with a shared lounge with kitchen area with 1 WC with a toilet and sink, 1 shower room with a sink, toilet and shower cubicle and 1 main bathroom with a toilet, sink and bath.
'Apartment B' is on the ground floor to the right and comprises of 7 bedrooms with a shared separate lounge and separate kitchen area with 1 WC with a toilet and sink, 1 shower room with a sink, toilet and shower cubicle and 1 main bathroom with a toilet, two sink and bath.
'Apartment C' is on the 1st floor to the right and comprises of 6 bedrooms with a shared lounge with kitchen area with 1 WC with a toilet and sink, 1 shower room with a sink and shower cubicle, 1 shower room with a toilet and shower cubicle and 1 main bathroom with a toilet, sink and bath.
'Apartment D' is on the 1st floor to the left and comprises of 5 bedrooms with 2 of those bedrooms en-suite. A shared lounge with kitchen area with 2 WC with a toilet and sink, 1 shower room with a sink, toilet and shower cubicle and 1 main bathroom with a toilet and bath.
'Apartment E' is on the 2nd floor and comprises of 6 bedrooms with a shared lounge with kitchen area with 3 WC with a toilet and sink, 1 shower room with a shower cubicle and 1 main bathroom with a toilet and bath.
The property is currently receiving around £123,000 pa and if the whole 31 rooms are let it has the potential to create a rental income of up to £14,000pcm. Details of current rents paid can be provided on request.
The property benefits from having modern kitchens and living areas with multiple bathroom facilities that are shared throughout.
- Freehold
- Former Public House
- Large Corner Plot
- Great Development Oppurtunity
- Ideal Investment Opportunity
- Huge Potential To Increase Value
- Close To Several Local Amenities
- Close To Several Local Transport Links
- close to universities
To arrange a viewing or obtain more information please contact Northwood on[use Contact Agent Button] or [use Contact Agent Button]
EPC rating: C. Tenure: Freehold,Places of interest
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