Land For Sale £895,000
• Freehold of 5 self-contained residential flats plus one small retail unit.
• Terrace of 3 buildings comprising four 1 bed flats & one 2 bed flat, plus a very small retail unit/shop.
• The flats are all well-proportioned and 3 comprise open plan kitchen/dining/sitting spaces and 2 have separate kitchen/dining or dining/sitting rooms. All have shower/bathrooms and W.c’s.
• All apartments have their own entrance and some benefit from a private courtyard.
• Archway/vehicle entrance giving access to shop/private courtyard beyond which provides parking.
13a gf entrance to 1st floor open-plan kitchen/dining/sitting, bedroom, shower & W.C
13b Small gf corner shop on entrance to archway
15 gf separate kitchen/dining and sitting room, bedroom, shower room and W.C, porch, utility room and private courtyard
15a gf entrance to 1st floor open-plan kitchen/dining/sitting room & 2nd floor bedroom, shower room and W.C
17 gf entrance to open plan sitting/dining room, separate kitchen, bedroom & shower room and W.C plus cellar and back door to shared courtyard and rear porch.
17a gf shared porch and courtyard leading to 1st floor hallway, kitchen, sitting/dining, bath/shower & W.C plus two 2nd floor bedrooms.
Tenure
We are instructed to market the combined freeholds of 13a 13b 15,15a 17 and 17a Lenten Street at a Guide Price of £895,000. All rents are due on the 1st of the month and are Statutory Tenancy Agreements
All six units, including the shop, generate a variety of rental returns based on the size of the properties and the varying length of the existing tenancies in place. The overall rental income return is £48,180 per annum. Further details of the breakdown are available on request.
Development potential
The rear courtyard previously had consent for two semi-detached one bedroom cottages and we believe may have potential for a similar or improved development (subject to planning via ehdc).
• Centrally located within the Georgian market town of Alton
• Easy walking distance to shops and amenities
• Excellent road links with the A31 for Farnham, Guildford and Winchester
• Sports complex with swimming pool
• Excellent secondary education and a sixth form college
• Mainline rail station (London Waterloo) with fastest journey time of 1 hour 7 mins
• The popular Watercress Line runs close by with its enchanting steam locomotives
• Terrace of 3 buildings comprising four 1 bed flats & one 2 bed flat, plus a very small retail unit/shop.
• The flats are all well-proportioned and 3 comprise open plan kitchen/dining/sitting spaces and 2 have separate kitchen/dining or dining/sitting rooms. All have shower/bathrooms and W.c’s.
• All apartments have their own entrance and some benefit from a private courtyard.
• Archway/vehicle entrance giving access to shop/private courtyard beyond which provides parking.
13a gf entrance to 1st floor open-plan kitchen/dining/sitting, bedroom, shower & W.C
13b Small gf corner shop on entrance to archway
15 gf separate kitchen/dining and sitting room, bedroom, shower room and W.C, porch, utility room and private courtyard
15a gf entrance to 1st floor open-plan kitchen/dining/sitting room & 2nd floor bedroom, shower room and W.C
17 gf entrance to open plan sitting/dining room, separate kitchen, bedroom & shower room and W.C plus cellar and back door to shared courtyard and rear porch.
17a gf shared porch and courtyard leading to 1st floor hallway, kitchen, sitting/dining, bath/shower & W.C plus two 2nd floor bedrooms.
Tenure
We are instructed to market the combined freeholds of 13a 13b 15,15a 17 and 17a Lenten Street at a Guide Price of £895,000. All rents are due on the 1st of the month and are Statutory Tenancy Agreements
All six units, including the shop, generate a variety of rental returns based on the size of the properties and the varying length of the existing tenancies in place. The overall rental income return is £48,180 per annum. Further details of the breakdown are available on request.
Development potential
The rear courtyard previously had consent for two semi-detached one bedroom cottages and we believe may have potential for a similar or improved development (subject to planning via ehdc).
• Centrally located within the Georgian market town of Alton
• Easy walking distance to shops and amenities
• Excellent road links with the A31 for Farnham, Guildford and Winchester
• Sports complex with swimming pool
• Excellent secondary education and a sixth form college
• Mainline rail station (London Waterloo) with fastest journey time of 1 hour 7 mins
• The popular Watercress Line runs close by with its enchanting steam locomotives
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