House For Sale £410,000
Martin and Co are delighted to offer for sale this unique investment opportunity currently producing an income of £30,780 p/a (7.5% yield).
The property consists of five self contained apartments with four of the apartments having one bedroom and one apartment having two bedrooms. The property is located within a short distance to local amenities including shops, bakeries, coffee shops, supermarkets, public transport links and great road links. All apartments are currently occupied by tenants on assured shorthold tenancy agreements. Historically the property has had excellent occupancy levels with void periods extremely rare.
All apartments have been regularly maintained and are in excellent condition and benefit from gas central heating and double glazed windows. There are hard-wired smoke detectors/heat detectors throughout the building controlled by a fire alarm panel in the communal hallway. The building also has individual security alarms, internal emergency lighting and external security lighting. All apartments have current electrical and gas certificates and EPC's (3xC and 2xD). The building has a door entry intercom system and is wired for terrestrial TV, cable TV/telephone and BT telephone in all apartments.
The apartments are fully furnished and generally consist of sofas, table and chairs, coffee table, wardrobes, double bed (although some tenants supply their own), blinds/curtains and fully fitted kitchens with white goods/appliances (including washer/dryers).
The property also benefits from a large basement where all gas meters are located, this is accessed from the hallway with the door being under the stairs.
The property is freehold and all apartments are rated at band A for Council Tax.
All measurements are approximate and cannot be relied upon for any future purpose and no liability is taken for any errors.
APARTMENT ONE Hallway (5.94m x 2.24m)
Having wood effect flooring, access to all rooms and storage cupboard
Lounge/Kitchen (2.74m x 4.80m)
Having wood effect flooring, large bay window to the front of the property, a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, integrated fridge and freezer, part tiled walls, power points, spotlights inset to ceiling and radiator.
Bedroom (3.00m x 3.07m)
Having wood effect flooring, two double glazed windows to the side of the property, power points and radiator.
Bathroom (1.14m x 2.71m)
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, part tiled walls, heated towel rail, spotlights inset to ceiling and extractor fan.
APARTMENT TWO Hallway (0.97m x 3.01m)
Having wood effect flooring, access to lounge and kitchen, radiators, access to separate W.C and spotlights inset to ceiling.
Kitchen (1.69m x 3.11m)
Having a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, space and plumbing for washing machine, space for fridge and freezer, part tiled walls, spotlights inset to ceiling, window overlooking side of property, radiator and power points.
Lounge (4.51m x 4.02m)
Having wood effect flooring throughout, window overlooking rear communal garden, radiator, power points and access to Bedroom.
Bedroom (3.79m x 3.11m)
Having wood effect flooring, window overlooking rear communal garden, radiator, power points and access to Bathroom.
Bathroom (2.63m x 1.49m)
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, tiled walls, radiator, spotlights inset to ceiling and frosted window.
APARTMENT THREE Hallway (1.32m x 2.46m)
Having wood effect flooring, storage cupboard with plumbing for washing machine and access to all rooms.
Lounge/Kitchen (3.34m x 4.97m)
Having wood effect flooring, two windows overlooking front of property, a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, part tiled walls, power points, spotlights inset to ceiling and radiator.
Bedroom (3.38m x 2.22m)
Having wood effect flooring, windows overlooking the front of the property, power points and radiator.
Bathroom (1.31m x 2.35m)
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, tiled walls, radiator, spotlights inset to ceiling and frosted window.
APARTMENT FOUR Hallway
Having wood effect flooring, access to all rooms and under stairs storage.
Lounge
Having wood effect flooring throughout, window overlooking rear communal garden, radiator, power points and access to Kitchen
Kitchen
Having a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, space for fridge and freezer, part tiled walls, spotlights inset to ceiling, window overlooking rear communal garden, radiator and power points.
Bedroom
Having wood effect flooring, window to side of property, radiator and power points.
Bathroom
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, tiled walls, radiator and frosted window
APARTMENT FIVE Hallway
Having access to all rooms
Lounge (3.94m x 4.97m)
Having wood effect flooring, skylight, window overlooking the side of the property, access to Kitchen, radiator and power points.
Kitchen (3.97m x 2.22m)
Having a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, space and plumbing for washing machine, space for fridge and freezer, part tiled walls, spotlights inset to ceiling, skylight, radiator and power points.
Bedroom One (3.67m x 4.02m)
Having carpet flooring, skylight, power points and radiator.
Bedroom Two
Having carpet flooring, window overlooking side of property, radiator and power points.
Bathroom (2.20m x 2.20m)
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, tiled walls, radiator, spotlights inset to ceiling and frosted window.
The property consists of five self contained apartments with four of the apartments having one bedroom and one apartment having two bedrooms. The property is located within a short distance to local amenities including shops, bakeries, coffee shops, supermarkets, public transport links and great road links. All apartments are currently occupied by tenants on assured shorthold tenancy agreements. Historically the property has had excellent occupancy levels with void periods extremely rare.
All apartments have been regularly maintained and are in excellent condition and benefit from gas central heating and double glazed windows. There are hard-wired smoke detectors/heat detectors throughout the building controlled by a fire alarm panel in the communal hallway. The building also has individual security alarms, internal emergency lighting and external security lighting. All apartments have current electrical and gas certificates and EPC's (3xC and 2xD). The building has a door entry intercom system and is wired for terrestrial TV, cable TV/telephone and BT telephone in all apartments.
The apartments are fully furnished and generally consist of sofas, table and chairs, coffee table, wardrobes, double bed (although some tenants supply their own), blinds/curtains and fully fitted kitchens with white goods/appliances (including washer/dryers).
The property also benefits from a large basement where all gas meters are located, this is accessed from the hallway with the door being under the stairs.
The property is freehold and all apartments are rated at band A for Council Tax.
All measurements are approximate and cannot be relied upon for any future purpose and no liability is taken for any errors.
APARTMENT ONE Hallway (5.94m x 2.24m)
Having wood effect flooring, access to all rooms and storage cupboard
Lounge/Kitchen (2.74m x 4.80m)
Having wood effect flooring, large bay window to the front of the property, a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, integrated fridge and freezer, part tiled walls, power points, spotlights inset to ceiling and radiator.
Bedroom (3.00m x 3.07m)
Having wood effect flooring, two double glazed windows to the side of the property, power points and radiator.
Bathroom (1.14m x 2.71m)
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, part tiled walls, heated towel rail, spotlights inset to ceiling and extractor fan.
APARTMENT TWO Hallway (0.97m x 3.01m)
Having wood effect flooring, access to lounge and kitchen, radiators, access to separate W.C and spotlights inset to ceiling.
Kitchen (1.69m x 3.11m)
Having a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, space and plumbing for washing machine, space for fridge and freezer, part tiled walls, spotlights inset to ceiling, window overlooking side of property, radiator and power points.
Lounge (4.51m x 4.02m)
Having wood effect flooring throughout, window overlooking rear communal garden, radiator, power points and access to Bedroom.
Bedroom (3.79m x 3.11m)
Having wood effect flooring, window overlooking rear communal garden, radiator, power points and access to Bathroom.
Bathroom (2.63m x 1.49m)
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, tiled walls, radiator, spotlights inset to ceiling and frosted window.
APARTMENT THREE Hallway (1.32m x 2.46m)
Having wood effect flooring, storage cupboard with plumbing for washing machine and access to all rooms.
Lounge/Kitchen (3.34m x 4.97m)
Having wood effect flooring, two windows overlooking front of property, a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, part tiled walls, power points, spotlights inset to ceiling and radiator.
Bedroom (3.38m x 2.22m)
Having wood effect flooring, windows overlooking the front of the property, power points and radiator.
Bathroom (1.31m x 2.35m)
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, tiled walls, radiator, spotlights inset to ceiling and frosted window.
APARTMENT FOUR Hallway
Having wood effect flooring, access to all rooms and under stairs storage.
Lounge
Having wood effect flooring throughout, window overlooking rear communal garden, radiator, power points and access to Kitchen
Kitchen
Having a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, space for fridge and freezer, part tiled walls, spotlights inset to ceiling, window overlooking rear communal garden, radiator and power points.
Bedroom
Having wood effect flooring, window to side of property, radiator and power points.
Bathroom
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, tiled walls, radiator and frosted window
APARTMENT FIVE Hallway
Having access to all rooms
Lounge (3.94m x 4.97m)
Having wood effect flooring, skylight, window overlooking the side of the property, access to Kitchen, radiator and power points.
Kitchen (3.97m x 2.22m)
Having a range of wall and base units with worktop over, stainless steel sink with mixer tap over, electric hob inset to worktop with extractor fan over, integrated oven, space and plumbing for washing machine, space for fridge and freezer, part tiled walls, spotlights inset to ceiling, skylight, radiator and power points.
Bedroom One (3.67m x 4.02m)
Having carpet flooring, skylight, power points and radiator.
Bedroom Two
Having carpet flooring, window overlooking side of property, radiator and power points.
Bathroom (2.20m x 2.20m)
Having tiled flooring, panelled bath with shower over, pedestal wash hand basin, low level W.C, tiled walls, radiator, spotlights inset to ceiling and frosted window.
