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House For Sale £175,000
Princes Avenue, Withernsea


Description
OUTSTANDING INVESTMENT OPPORTUNITY - THREE SELF CONTAINED FLATS - ANNUAL INCOME OF £14,580 - 8.3% YIELD AT ASKING PRICE

Nestled in the vibrant locale of Princes Avenue, this townhouse, skillfully transformed into three separate flats, represents a lucrative investment opportunity. The diversified units include a comfortably appointed one-bedroom flat on the ground floor, a spacious two-bedroom residence on the second floor, and an additional one-bedroom haven on the top floor. Currently, all units are leased, collectively contributing to a substantial gross annual income of £14,580.

The property's allure extends beyond its income potential. A well-maintained garden at the rear enhances the overall appeal, providing an inviting outdoor space. This strategic conversion, coupled with its prime position on Princes Avenue, not only ensures a steady stream of rental income but also places this property at the heart of local amenities. It stands as a prudent investment in both function and location, embodying a harmonious blend of practicality and urban vitality.

DO NOT DELAY, BOOK YOUR VIEWING TODAY!!!

Flat 6A -

Ground Floor -

Bedroom - 3.81m x 4.06m max (12'06 x 13'4 max) -

Lounge - 3.35m x 4.27m max (11'92 x 14'91 max) - Currently used as the bedroom but given it's position could also be a reception room.

Kitchen - 4.47m x 2.82m max (14'8 x 9'3 max) - With a range of eye level and base level units and complimenting work surfaces, a sink and drainer unit, space for a fridge freezer and plumbing for a washing machine.

Bathroom - With a low level WC, a hand basin and a bath.

Outside - Property has the benefit of a rear garden.

Flat 6B - First Floor

Room 1 - 4.27m x 2.64m max (14'82 x 8'8 max) - A wonderful room with option to be a bedroom and a reception room.

Bedroom 1 - 3.71m x 2.44m max (12'2 x 8'0 max) - Another room with space for storage.

Dining Room - 3.48m x 3.56m max (11'5 x 11'8 max) - A fantastic reception room.

Kitchen - 4.50m x 1.75m max (14'9 x 5'9 max) - With a range of eye level and base level units with complimenting work surfaces, a sink and drainer unit, space for a fridge freezer and plumbing for a washing machine.

Bathroom - With a low level WC, a hand basin and a panelled bath.

Flat 6C - Second Floor

Bedroom 1 - 3.73m x 2.74m max (12'3 x 9'19 max) - A brilliant main bedroom

Room - 3.35m x 3.58m max (11'77 x 11'9 max) - Another room that could be used as a lounge.

Kitchen - 2.59m x 2.51m max (8'6 x 8'3 max) - With a range of eye level and base level units with complimenting work surfaces, a sink and drainer unit, space for a fridge freezer and plumbing for a washing machine.

Bathroom - With a low level WC, a hand basin and a panelled bath.

Central Heating - Need details.

Double Glazing - The property has the benefit of double glazing.

Tenure - Need details

Council Tax - Symonds + Greenham have been informed that this property is in Council Tax Band A.

Viewings - Please contact Symonds + Greenham on[use Contact Agent Button] to arrange a viewing on this property.

Disclaimer - Symonds + Greenham do their utmost to ensure all the details advertised are correct however any viewer or potential buyer are advised to conduct their own survey prior to making an offer.


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