Ready Made investment Opportunity

£325,000
Investment Opportunity
  • Type: Development opportunity
  • Availability: For Sale
  • Bedrooms: 4
  • Bathrooms: 4
  • Reception Rooms: 4
  • Parking: Driveway, Single Garage
  • Outside Space: Garden
  • Council Tax Band: A
  • Tenure: Freehold
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Property Features

  • Investment Opportunity
  • 4x self contained studios
  • Driveway parking
  • Single garage
  • No onward chain
  • INCOME £28.872 P/A Yielding 8.88%

Property Summary

Ready made investment opportunity INCOME £28.872 P/A Yielding 8.88%  Comprises of 4x self contained studio apartments, each let on AST's. With Driveway parking and separate lock up garage. Located in the popular Redoubt area, a short distance from the seafront and Princess Park.

Full Details

Communal Entrance Hall
Fire alarm panel.

Flat 1 Ground floor

Front door

Entrance Hall

Studio Room 4.27m x 3.35m (14ft x 11ft) At Max
Studio room requiring modernisation. Bay window to the front. Kitchen area with a range of wall and base units.

Shower room
Shower cubicle, wash hand basin and WC.

Communal stairs to first floor

Flat 2- First Floor

Front Door

Entrance Hall

Studio room 4.62m x 3.53m (15ft 2in x 11ft 7in) At Max into box bay window
Bay window to the front. Kitchen area with a range of wall and base units, inset stainless steel sink, taps and drainer. Built in oven and hob. Space for a fridge freezer.

Shower room
Opaque double glazed window. Shower cubicle, wash hand basin and WC.

Flat 3- First Floor

Front door

Entrance Hall

Kitchen 3.18m x 1.75m (10ft 5in x 5ft 9in)
Range of wall and base units, inset stainless steel sink, taps and drainer. Built in oven and hob with extractor over. Space for a fridge freezer.

Studio Room 3.25m x 3.07m (10ft 8in x 10ft 1in)
Double glazed window to the side.

Shower room
Opaque double glazed window. Shower cubicle, wash hand basin and WC.

Flat 4 - Ground floor

Private front Door

Entrance porch

Studio room 5.49m x 3.05m (18ft x 10ft) Length reducing to 15'
Double glazed window.

Kicthen 3.18m x 1.83m (10ft 5in x 6ft)
Range of wall and base units, inset stainless steel sink, taps and drainer. Built in oven and hob, with extractor over. Space for a fridge freezer, space and point for a washing machine.

Shower room
Opaque double glazed window. Wash hand basin and WC. Separate Shower cubicle.

Patio Garden area
Laid to concrete.

Driveway parking for 2 cars

Single lock up Garage

Important information
Flat 1– EPC Rating E (53/68) – Council Tax Band – A Requires modernisation Flat 2 – EPC Rating D (57/70) – Council Tax Band - A Requires some modernisation Flat 3 – EPC Rating D (58/68) – Council Tax Band -A Flat 4 – EPC Rating D (57/69) – Council Tax Band -A