Summary: A rare opportunity to acquire a Grade II listed freehold investment of seven self-contained flats/ studios, generating a combined yield of circa 6.5 - 7%, situated in Astwood Bank. Formerly a Georgian Farmhouse having been converted to offer this current accommodation, the property could also be purchased and returned to its former status to offer a characterful home in a semi-rural setting.
The charming Georgian property boasts many original character features and currently comprises of seven individual self contained flats/ studios, five being currently occupied. Communally, there is a laundry room, ample parking and beautifully maintained gardens for residents use.
The accommodation currently comprises:
Flat 1: Situated on the ground floor, boasting Parquet flooring and two feature original fireplaces. Currently occupied with a rental paid of £495pcm
flat 2 Situated on the ground floor with open plan studio living and shower room. Currently occupied with a rental paid of £350pcm
flat 3 Situated on the first floor with open plan living, separate bedroom and shower room. Currently occupied with a rental paid of £425pcm
flat 4 Situated on the first floor with open plan living room/ bedroom, separate breakfast kitchen and shower room. Currently not let, with an approximate rental of £475pcm
flat 5 Situated on the first floor with open plan living room/ bedroom, separate kitchen and shower room. Currently not let, with an approximate rental of £395pcm
flat 6 Situated on the second floor with open plan living room/ bedroom, separate kitchen and shower room. Currently occupied, with a rental paid of £425pcm
flat 7 Situated on the second floor with open plan studio living and shower room. Currently occupied with a rental paid of £375pcm