3 bed Flat For Sale £725,000
An interesting mixed residential and commercial investment or owner occupier opportunity in the heart of old bowdon with offices to the lowers floors and A duplex apartment to the upper floors. 2400sqft.
Prevailing combined rent of circa £33,000 per annum. Yield 4.55%. Well-appointed throughout. Potential to reconfigure to suit. Perfect for the wfh/work life balance!
An interesting investment or owner occupier opportunity to acquire this substantial Period property, located right in the heart of the Bowdon Conservation Area at the top of Stamford Road and currently configured as an Office Space to the Ground and Lower Ground Floors and a self-contained Apartment to the First and Second Floors.
As such, the property is offered for sale either as an investment opportunity generating rent from both the Office Space and the Apartment, or to an owner occupier who would be looking to occupy the office for their own business and live in or rent out the Apartment upstairs. Alternatively, a buyer may look to convert the offices into residential space to provide either two self-contained Apartments or a Single House, subject to any necessary consents.
As it stands, the property extends to approximately 2400 square feet over Four Floors.
The Offices extend to approximately 950 square feet to the Ground and Lower Ground Floors and are approached via the most attractive reproduction Georgian style entrance from the front. The Offices incorporate a Kitchen, Shower Room and WC.
The Apartment over the Two Upper Floors, accessed via a self-contained access through a Courtyard to the rear. However, the Apartment can be accessed internally from the Office space at Lower Ground Floor and also via a blocked up Entrance from the Ground Floor
The accommodation extends to approximately 1500 square feet, superbly appointed with excellent specification kitchen and bathroom fittings and features a Top Floor Living space with an Open Plan Living Area and Dining Kitchen.
Over the Lower Floors there are Three Double Bedrooms served by Two Bath/Shower Rooms and incorporating a Utility Area.
We estimate that the attributable rent for the Apartment is £1,500 per month - £18,000 per annum and the attributable rent to the offices is £1,250 per month - £15,000 per annum - the total prevailing rent stands at £33,000 per annum.
This represents a 4.55% yield based on the asking price of £725,000.
A really interesting opportunity in a first class location, suitable for a wide range of buyers.
Prevailing combined rent of circa £33,000 per annum. Yield 4.55%. Well-appointed throughout. Potential to reconfigure to suit. Perfect for the wfh/work life balance!
An interesting investment or owner occupier opportunity to acquire this substantial Period property, located right in the heart of the Bowdon Conservation Area at the top of Stamford Road and currently configured as an Office Space to the Ground and Lower Ground Floors and a self-contained Apartment to the First and Second Floors.
As such, the property is offered for sale either as an investment opportunity generating rent from both the Office Space and the Apartment, or to an owner occupier who would be looking to occupy the office for their own business and live in or rent out the Apartment upstairs. Alternatively, a buyer may look to convert the offices into residential space to provide either two self-contained Apartments or a Single House, subject to any necessary consents.
As it stands, the property extends to approximately 2400 square feet over Four Floors.
The Offices extend to approximately 950 square feet to the Ground and Lower Ground Floors and are approached via the most attractive reproduction Georgian style entrance from the front. The Offices incorporate a Kitchen, Shower Room and WC.
The Apartment over the Two Upper Floors, accessed via a self-contained access through a Courtyard to the rear. However, the Apartment can be accessed internally from the Office space at Lower Ground Floor and also via a blocked up Entrance from the Ground Floor
The accommodation extends to approximately 1500 square feet, superbly appointed with excellent specification kitchen and bathroom fittings and features a Top Floor Living space with an Open Plan Living Area and Dining Kitchen.
Over the Lower Floors there are Three Double Bedrooms served by Two Bath/Shower Rooms and incorporating a Utility Area.
We estimate that the attributable rent for the Apartment is £1,500 per month - £18,000 per annum and the attributable rent to the offices is £1,250 per month - £15,000 per annum - the total prevailing rent stands at £33,000 per annum.
This represents a 4.55% yield based on the asking price of £725,000.
A really interesting opportunity in a first class location, suitable for a wide range of buyers.
