Block of apartments for sale

Marshall Property are offering for sale a unique opportunity to purchase this block of apartments, with further development potential. The property comprises an interconnected pair of period terraces configured as nine flats with a former dance studio/hall to the ground floor. The building appears to have been converted around 2020-2021.

There are 4 one-bedroom apartments and 5 two-bedroom apartments. All of the apartments have been finished to a reasonable standard. There's also three dance halls, a seating area with bar and WCs. large basement for storage and utility area. This area of the property will need refurbishing and has the potential for further development, subject to relevant planning consents. To the rear of the garden there's also a double garage.
Expired planning consent for two additional apartments. Four townhouses were applied for but not progressed (under planning ref: 20F/1268).

The residential element of the property is part let, with one flat being vacant. We note that a letting has been agreed on the vacant flat at £650 pcm. The combined passing rent is £4,650 pcm / £55,800 pa, which will increase to '£5,300 pcm / £63,600 when fully let. The commercial element is vacant.

Flat 1 (ground floor) - Living/kitchen, double bedroom and shower room - 41.8 sq m
(449 sq ft).
Flat 2 (ground floor) - Living/kitchen, double bedroom and bathroom - 33.47 sq m
(360 sq ft).
Flat 3 (first floor) - Living/kitchen, 2 bedrooms and shower room - 41.95 sq m
(451 sq ft).
Flat 4 (first floor) - Living/kitchen, 2 bedrooms and shower room - 49.35 sq m
(531 sq ft).
Flat 5 (first floor) - Living/kitchen, double bedroom and shower room - 28.96 sq m
(311 sq ft).
Flat 6 (first/second floor duplex) - Living/kitchen, double bedroom and shower room
29.68 sq m (319 sq ft).
Flat 7 (second floor) - Living/kitchen, 2 bedrooms and shower room - 41.95 sq m
(451 sq ft).
Flat 8 (second floor) - Living/kitchen, 2 bedrooms and shower room - 41.91 sq m
(450 sq ft).
Flat 9 (second floor) - Living/kitchen, 2 bedrooms and shower room - 46.19 sq m
(497 sq ft).
Former dance school/hall (ground floor)– comprising two large front rooms,
toilets, practice room and large open plan dance hall in building to rear – 327.08
sq m (3519 sq ft).
Double garages at rear of garden.

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Notice
marshallets limited endeavour to make our property particulars accurate and reliable, however, they do not constitute or form part of any offer or contract and are not to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective renters only, and are not precise. If you require clarification or further information on any points, please contact us.