Description
* P&R PROPERTY SALES * FREEHOLD * 8 APARTMENTS IN BLOCK * £160,800 INCOME PER ANNUM * £30,000 worth of furniture included in the sale * Offered for sale is this block of 8 apartments which have been recently development by the current owners. 4 of the apartments are let out as one household on assured shorthold tenancy agreements, And 4 of the apartments are let out on room by room basis, with bills included. This is generating a great income for the owners and is in managed by PR Property management.
Income Generated Per Annum - GD f 48 = £12,000 - AST
Flat 1, 48 = £12,000 - AST
Flat 2, 48 = £25,680 - HMO - INCLUSIVE BILLS
Flat 3, 48 = £14,400 - AST
Flat 1, 50 = £12,000 - AST
Flat 2, 50 = £25'500 - HMO - INCLUSIVE BILLS
52 = £27,900 - HMO - INCLUSIVE BILLS
52a = £22,800 - HMO - INCLUSIVE BILLS
Washing machines & tumble dryer coin operated = £3120 per annum
Parking spaces or yard = £5400pa
Total income = £160,800
What Is Included In The Sale -
Ground Floor 48 Reginald Street - This property benefits from 2 double bedrooms, 2 en suite shower rooms, living room and fully equipped kitchen and gas central heating. Currently let out fully furnished as one household with an assured shorthold tenancy agreement. Approximately 663sqft
Flat 1 48 Reginald Street - A 2 bedroom apartment that benefits from accommodation including 2 double bedrooms both with en suites shower rooms, living room, fully equipped kitchen / dining room. The property benefits from Gas central and comes fully furnished to a high standard. Currently let single AST. Approximately 667sqft
Flat 2, 48 Reginald Street - This property benefits from 4 bedrooms, 2 have en suite shower rooms and 2 bedrooms share a shower room, living room, fully equipped kitchen, gas central heating and fully furnished. Currently let out as rooms. Approximately 959 sqft
Flat 3, 48 Reginald Street - This property benefits from 3 double bedrooms, 2 shower rooms, living room and fully equipped kitchen. Currently let out fully furnished as one household with an assured shorthold tenancy agreement. Approximately 688 sqft
Flat 1 50 Reginald Street - This property benefit from 2 double bedrooms both with En suite shower rooms, fully equipped kitchen / living room and gas central heating. The property is currently fully furnished let out as a single household with an assured shorthold tenancy agreement. Approximately 461sqft
Flat 2 50 Reginald Street - This property benefits from 4 double bedrooms with 2 En suite shower rooms, one further shower room, fully equipped kitchen / living room and gas central heating. The property is currently fully furnished let out as on a room only basis. Approximately 1423 sqft
52 Reginald Street - This property benefit from 4 double bedrooms all with En suite shower rooms, fully equipped kitchen / living room and gas central heating. The property is currently fully furnished let out on a room only basis.
Approximately 994sqft
52A Reginald Street - This property benefit from 3 double bedrooms all with En suite shower rooms, fully equipped kitchen / living room and gas central heating. The property is currently fully furnished let out on a room only basis. Approximately 710sqft
Gated Rear Yard - Parking spaces for 4 cars in the rear yard. The yard could be let for £400pcm or £4,800 per annum.
All Furniture & Fixtures And Fitting - Approx. £30,000 of furniture included in the sale price
Washing Machines & Tumble Dryer Income - £3120 per annum