House For Sale £425,000
London Road, Dover

Investment opportunity for a freehold building with two one-bedroom flats and a two-bedroom maisonette. Priced to sell at a competitive return of 6.1%

Large second floor 2-bedroom maisonette currently under a full refurbishment.

On the first floor the property will have a large living area to the front of the property and a large kitchen to the rear with space for a table. There is also a w/c on this floor. Upstairs we find a large double bedroom to the front and a smaller double to the rear. This floor also has the family bathroom.

Mid Floor Flat:

Very large one bedroom ground floor flat, the accommodation boasts a lounge, double bedroom, kitchen and bathroom, double glazing and gas central heating.

Basement Flat:

Once again, a very large one-bedroom basement flat, the accommodation comprises of a lounge, double bedroom, kitchen and bathroom, gas central heating

The property also benefits from double glazing and full central heating top to bottom.

The building is currently tenanted at 12 months to a single company (long term) and achieving a combined rent of £2185.00 pcm. All rents are market value and realistic. This gives a return of 6.1% on the asking price.

The area is convenient for Dover Town Centre with its selection of shopping, educational and recreational facilities along with the Docks and seafront. There are a number of excellent primary and secondary schools within walking distance.

Tenure: Freehold