3 bed Flat For Sale £110,000
We are pleased to announce for sale this investment opportunity with a great potential rental income. The property consists of a ground floor shop to the front of the property and a two bedroom flat, and a studio flat to the rear with both the shop and studio flat occupied. Potential over 12% Yield. Externally the property has a yard area to the rear. Viewing is highly recommended to appreciate the size and potential of this property and can be arranged through our office or by calling .
Shop
Currently rented on a five year lease at £85 per week which started in April 2021. The vendor has informed us the shop consists of a front sales area with small wc.
EPC: B
Flat
Currently vacant but we would estimate the property to achieve £450 per calendar month. Access to the rear of the property through a yard area and briefly consists of:
Entrance Hallway
Stairs to first floor, and door to yard.
First Floor Landing
Stairs to second floor and access to small balcony.
Lounge (4.88 x 4.40 (16'0" x 14'5"))
UPVc double glazed window to front aspect, and radiator.
Kitchen (3.51 x 2.72 (11'6" x 8'11"))
Single glazed window, range of wall and base units, stainless steel sink, and radiator.
Inner Hallway
Radiator.
Bathroom (1.79 x 1.68 (5'10" x 5'6"))
UPVc double glazed window, hand wash basin, panelled bath with shower on taps, and part tiled walls.
Wc
Single glazed window, low level wc, and part tiled walls.
Second Floor Landing
UPVc double glazed window.
Bedroom One (4.36 x 3.51 (14'3" x 11'6"))
Double glazed Velux window, and radiator.
Bedroom Two (2.67 x 2.34 (8'9" x 7'8"))
Window onto landing area, and radiator.
Studio
Tenanted and currently paying £360 per month. Access to the rear of the property through a yard area and briefly consists of:
Lounge And Bedroom Area (7.23 x 2.95 (23'8" x 9'8"))
Laminate flooring, and radiator.
Kitchen (2.76 x 2.08 (9'0" x 6'9"))
Door to rear yard, range of wall and base units, and stainless steel sink unit.
Shower Room
Hand wash basin, low level wc, and stand in shower cubicle.
External
Brick wall boundaries and gate.
Shop
Currently rented on a five year lease at £85 per week which started in April 2021. The vendor has informed us the shop consists of a front sales area with small wc.
EPC: B
Flat
Currently vacant but we would estimate the property to achieve £450 per calendar month. Access to the rear of the property through a yard area and briefly consists of:
Entrance Hallway
Stairs to first floor, and door to yard.
First Floor Landing
Stairs to second floor and access to small balcony.
Lounge (4.88 x 4.40 (16'0" x 14'5"))
UPVc double glazed window to front aspect, and radiator.
Kitchen (3.51 x 2.72 (11'6" x 8'11"))
Single glazed window, range of wall and base units, stainless steel sink, and radiator.
Inner Hallway
Radiator.
Bathroom (1.79 x 1.68 (5'10" x 5'6"))
UPVc double glazed window, hand wash basin, panelled bath with shower on taps, and part tiled walls.
Wc
Single glazed window, low level wc, and part tiled walls.
Second Floor Landing
UPVc double glazed window.
Bedroom One (4.36 x 3.51 (14'3" x 11'6"))
Double glazed Velux window, and radiator.
Bedroom Two (2.67 x 2.34 (8'9" x 7'8"))
Window onto landing area, and radiator.
Studio
Tenanted and currently paying £360 per month. Access to the rear of the property through a yard area and briefly consists of:
Lounge And Bedroom Area (7.23 x 2.95 (23'8" x 9'8"))
Laminate flooring, and radiator.
Kitchen (2.76 x 2.08 (9'0" x 6'9"))
Door to rear yard, range of wall and base units, and stainless steel sink unit.
Shower Room
Hand wash basin, low level wc, and stand in shower cubicle.
External
Brick wall boundaries and gate.
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