The opportunity to purchase an excellent rental investment. This Edwardian terraced property is currently split into four self contained flats, three of which are rented on ASTs and delivering a monthly rental income of £1490 PCM. There is also a storage shed / unit to the rear garden that is also let at £45 PCM. No onward chain.

Accommodation

Ground Floor

Communal entrance. Access to Flats 1 and 2. Staircase to first floor.

Flat 1

Lounge / Bedroom
15' 1'' into recess x 12' 0'' into bay (4.6m into recess x 3.66m into bay)
A good sized room, with double glazed bay window to the front. Power points.

Bathroom
5' 5'' x 8' 4'' (1.64m x 2.54m)
Low level w.c., wash hand basin and shower cubicle with electric shower.

Kitchen
9' 6'' maximum x 12' 0'' (2.89m maximum x 3.67m)
Fitted units incorporating stainless steel sink and drainer, wall mounted electric water heater and electric cooker. Power points. Plumbing for a washing machine. Double glazed door to rear, going into the rear yard.

Flat 2

Living Room / Bedroom
12' 4'' maximum x 15' 3'' maximum (3.75m maximum x 4.64m maximum)
Recently redecorated throughout. Double glazed window to the side. Power points. Wall mounted electric heater.

Bathroom
5' 6'' x 6' 0'' (1.67m x 1.83m)
Low level w.c., wash hand basin and shower cubicle with electric shower. Double glazed window to the side.

Kitchen
13' 5'' x 7' 7'' (4.08m x 2.31m)
Fitted units incorporating stainless steel sink and drainer, wall mounted electric water heater and electric cooker. Power points. Plumbing for a washing machine. Double glazed door to side going into the rear yard.

First Floor

Flat 3

Lounge
11' 4'' into recess x 12' 1'' (3.45m into recess x 3.69m)
Double glazed window to the front. Power points. Wall mounted electric heater.

Bedroom
9' 7'' maximum x 12' 1'' (2.91m maximum x 3.69m)
Double glazed window to the side. Power points. Wall mounted electric heater.

Bathroom
4' 11'' x 8' 6'' (1.51m x 2.58m)
Low level w.c., wash hand basin and bath with electric shower.

Kitchen
7' 6'' x 12' 8'' (2.28m x 3.85m)
Fitted units incorporating stainless steel sink and drainer, wall mounted electric water heater and electric cooker. Power points. Plumbing for a washing machine. Double glazed window to rear.

Flat 5 / Storage Area

Currently let as a storage area at £325 PCM but comprises a lounge / bedroom, kitchenette and a bathroom with shower, low level w.c. and wash hand basin. Double glazed window to the rear of the main room.

Second Floor

Flat 4

Lounge
6' 11'' x 11' 4'' (2.1m x 3.46m)
Velux window to the ceiling. Power points.

Bedroom
11' 11'' x 12' 2'' (3.64m x 3.71m)
Double glazed window to the rear. Power points. Wall mounted electric heater.

Bathroom
5' 5'' maximum x 9' 2'' (1.64m maximum x 2.8m)
En-suite to the bedroom. Low level w.c., wash hand basin and bath with electric shower.

Kitchen
6' 2'' x 8' 10'' (1.87m x 2.69m)
Fitted units incorporating stainless steel sink and drainer, wall mounted electric water heater and electric cooker. Power points. Plumbing for a washing machine. Velux window to ceiling.

Outside

Small courtyard to front and enclosed yard to the rear, with lane access. There is a storage unit / shed which is rented separately at £45 PCM.

Additional Information

There is a garage/lock up to the rear, which is currently let at £XXXX per week/month

Tenure

We understand the property is freehold.

Council Tax Bands

TBC

Rental Agreements

Each flat is rented on a period basis following an initial AST. Flat 1 is rented at £380 PCM, Flat 3 at £410 PCM and Flat 4 at £375 PCM. The Flat 2 is currently being advertised at a rent of £495 PCM. The storage area on the first floor is rented at £325 PCM and the storage shed / unit at £45 PCM. In total, the current rental income for the property is £1490 and one unit remains empty. David Baker & Company do not manage any of the above rentals.

Approximate Gross Internal Area

Total approxmate gross internal area = 1786 sq ft / 165 sq m.