Rare investment opportunity to acquire three one bedroom apartments on the same title, each offering comfortable living spaces. Currently generating an impressive annual income of £25,140, this property boasts a gross yield of over 7%, making it an attractive option for savvy investors. Situated in close proximity to the picturesque Christchurch Park, these apartments are positioned in an incredibly desirable location and provide a strong rental history.
Apartment One - £695pcm
Kitchen
Accessed via upvc double glazed entrance door. Upvc double glazed window to the side, built in oven, built in hob with stainless steel extractor hood over, space and plumbing for washing machine, space for fridge/freezer, wood effect flooring, tiled splash back, smooth ceiling with inset spotlighting and access to:
Inner Hall
Wood effect flooring, radiator, smooth ceiling with inset spotlighting and doors giving access to:
Upvc double glazed window to the rear, upvc double glazed door giving access to the rear garden, radiator, wood effect flooring and smooth ceiling with inset spotlighting.
Bathroom
Upvc double glazed window to the side, radiator , pedestal wash hand basin with mixer tap, low level wc, shaped and panel bath with mixer tap and shower attachment, smooth ceiling with inset spotlighting, part tiled walls and cupboard housing wall mounted boiler.
Lounge
Upvc double glazed window to the rear, brick feature fire place, smooth ceiling with inset spotlighting, wood effect flooring and radiator.
Apartment Two - £695pcm
Kitchen
Wood effect flooring, upvc double glazed window to the side, wall panel heater, roll top work surface, space for cooker with cooker hood over, single drainer sink with base units under and above and tiled splashbacks.
Bedroom One
Upvc double glazed window to the rear and electric panel heater.
Bathroom
Upvc double glazed window to the rear and side, electric storage heater, part tiled walls, bath and low level wc.
Lounge
Upvc double glazed bay window to the front and electric heater.
Apartment Three - £705pcm
Kitchen
Upvc double glazed window to the side, wall mounted boiler, space and plumbing for washing machine, radiator, integrated oven, wall and base units with cupboards and draws under and above. Roll top work surface, cupboard housing ....
Lounge
Upvc double glazed window to the rear, picture rail and cupboard.
Bathroom
Panel bath with shower cubicle, pedestal wash hand basin, low level wc, extractor fan, radiator, part tiled walls and inset spotlighting.
Bedroom One
Upvc double glazed bay window to the front, wood effect flooring and picture rail.
AGENTS NOTES: We haven't approached for a rent increase in the past two years, we would usually envisage rents for these apartments being between £700 - £725pcm.