3 bedroom end of terrace house for sale
Key information
Property description & features
- Tenure: Freehold
- Ideal Investment Opportunity
- Gross Yield of Over 7%
- Three One Bedroom Apartments
- Close Proximity to Christchurch Park
- Currently Generating Annual Income of £25,140
Rare investment opportunity to acquire three one bedroom apartments on the same title, each offering comfortable living spaces. Currently generating an impressive annual income of £25,140, this property boasts a gross yield of over 7%, making it an attractive option for savvy investors. Situated in close proximity to the picturesque Christchurch Park, these apartments are positioned in an incredibly desirable location and provide a strong rental history.
Apartment One - £695pcm
Kitchen
Accessed via upvc double glazed entrance door. Upvc double glazed window to the side, built in oven, built in hob with stainless steel extractor hood over, space and plumbing for washing machine, space for fridge/freezer, wood effect flooring, tiled splash back, smooth ceiling with inset spotlighting and access to:
Inner Hall
Wood effect flooring, radiator, smooth ceiling with inset spotlighting and doors giving access to:
Upvc double glazed window to the rear, upvc double glazed door giving access to the rear garden, radiator, wood effect flooring and smooth ceiling with inset spotlighting.
Bathroom
Upvc double glazed window to the side, radiator , pedestal wash hand basin with mixer tap, low level wc, shaped and panel bath with mixer tap and shower attachment, smooth ceiling with inset spotlighting, part tiled walls and cupboard housing wall mounted boiler.
Lounge
Upvc double glazed window to the rear, brick feature fire place, smooth ceiling with inset spotlighting, wood effect flooring and radiator.
Apartment Two - £695pcm
Kitchen
Wood effect flooring, upvc double glazed window to the side, wall panel heater, roll top work surface, space for cooker with cooker hood over, single drainer sink with base units under and above and tiled splashbacks.
Bedroom One
Upvc double glazed window to the rear and electric panel heater.
Bathroom
Upvc double glazed window to the rear and side, electric storage heater, part tiled walls, bath and low level wc.
Lounge
Upvc double glazed bay window to the front and electric heater.
Apartment Three - £705pcm
Kitchen
Upvc double glazed window to the side, wall mounted boiler, space and plumbing for washing machine, radiator, integrated oven, wall and base units with cupboards and draws under and above. Roll top work surface, cupboard housing ....
Lounge
Upvc double glazed window to the rear, picture rail and cupboard.
Bathroom
Panel bath with shower cubicle, pedestal wash hand basin, low level wc, extractor fan, radiator, part tiled walls and inset spotlighting.
Bedroom One
Upvc double glazed bay window to the front, wood effect flooring and picture rail.
AGENTS NOTES: We haven't approached for a rent increase in the past two years, we would usually envisage rents for these apartments being between £700 - £725pcm.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 32805b15-4b72-41f2-994e-7442456727e6. 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 Joseph Property - Ipswich.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 18, 2021
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.