Ref: RS4566806
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7 Flats Net Income £20,000 Pa* All Currently Let Investor Opportunity Development Potential Realistic Price All Self Contained Good Position
This is an excellent opportunity for the investor to acquire a large detached building with adjacent garden, currentley converted into seven flats over three floors. There is a large cellar with potential for conversion (subject to relevant consents) and a garden area to the side also having potential for development (subject to neccessary consents).The seven flats are currently let and are producing a net income of £20,000 per annum. The ower currently pays council tax, water and heating, the heating is a communal gas central heating system servicing all seven units, all are seperately metered for electricity using pound coin meters. All flats are currently let on assured shorthold tenancies.
The seven flats are currently let on assured shorthold tenancies, (copies will be provided) and are producing a net income of £20,000 per annum, gross income £23,000 per annum approximately. The ower currently pays council tax, water and heating, the heating is a communal gas central heating system servicing all seven units, all are seperately metered for electricity using pound coin meters from which the landlord collects and pays the electricity bill.
Communal entrance with communal staircase.
Living room measuring 5.50(18'1) x 3.84m(12'7), separate shower room, separate kitchenette, double glazed window.
5.49m(18'0'') x 3.89m(12'9'')Living room measuring 5.49m(18'0) x 3.89m(12'9) separate kitchen area, shower room.
4.56m(15'0'') x 3.23m(10'7'')With access via the communal hallway and own separate access to the rear, kitchen measuring 3.28m(10'9) x 2.11m(6'11) living room measuring 4.56m(15'0) x 3.23m(10'7) shower room, access to:
Large suite of rooms with excellent potential for conversion(subject to neccessary consents). And housing central heating boiler
5.52m(18'1'') x 4.24m(13'11'')Living room measuring 5.52m(18.1) x 4.24m(13'11). Separate kitchen, shower room.
Living room measuring 5.00m(16'5) x 3.91m(12'10). separate ktichen, shower room.
Living space, integral kitchen measuring 4.95m(16'3) x 4.23m(13'11), separate shower room.
Living space, integral kitchen measuring 4.90m(16'1) x 4.23m(13'11), separate shower room.
The property has gardens to all sides, the area to one side has excellent potential for development subject to relevant consents.
The boundaries and ownership have not been checked on the title deeds for any discrepancies or rights of way. All prospective purchasers should make own enquiries before proceeding to exchange of contracts.
All measurements are for general guidance purposes only and are approximate. Due to variations and tolerances in metric and imperial measurements, measurements contained in the particulars must not be relied upon for ordering carpets, furniture etc.
None of the services or fittings have been tested and no warranties of any kind can be given accordingly, prospective purchasers should bear in mind when formulating their offers. The seller does not include in the sale any carpets, light fittings, floor coverings, curtains blinds, furnishing, electrical / gas appliances (whether connected or not) or any other fixtures and fittings unless expressly mentioned in the particulars as forming part of the sale.
This footer paragraph is an example only and should not be relied upon as complying with current legislation. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
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Disclaimer: Property Reference: 7ad5965abcca This listing is a property advertisement. PropertyIndex.com does not control the content of the advertisement and makes no warranty as to the accuracy or completeness of the advertisement, or any associated or linked information. This property advertisement does not constitute property particulars. The information is maintained by Brooklands Robinson (Sales). Please contact the owner, selling agent or developer directly to obtain any information.
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