An EXCELLENT INVESTMENT OPPORTUNITY comprising four self-contained flats, each benefiting from its own separate water and electrical supply. The property offers a combined current rental income of £32,880 per annum, making it an attractive proposition for investors seeking an established income-producing asset.
The property has recently undergone external improvements, with the outside freshly decorated and re-clad, while a number of the individual flats have also been freshly decorated and fitted with new carpets.
All electrical and gas certificates are understood to be up to date, with all measurements approximate.
Ground Floor Flat:
The ground floor accommodation comprises an entrance hallway leading to a well-proportioned living room, separate kitchen, double bedroom and bathroom. The flat benefits from gas central heating and double glazing throughout and has been freshly decorated with new carpets. EPC Rating C. Currently let at £700 pcm.
– Living room 12 ft by 12 ft
– Kitchen 10ft by 5ft
– Bedroom 11ft by 12ft
– Bathroom 10ft by 6ft
Middle Flat:
A well-presented self-contained flat comprising a living room, kitchen, double bedroom and bathroom. The property benefits from double glazing and storage heating throughout. EPC Rating D. Currently let at £680 pcm.
– Living room 12ft by 12ft
– Bedroom 10ft by 12ft
– Bathroom 10ft by 6ft
– Kitchen 10ft by 5ft
Top Floor Flat:
The top floor provides a spacious living room, separate kitchen, double bedroom and bathroom. The flat has been freshly decorated and benefits from double glazing and storage heating. EPC Rating D. Currently let at £680 pcm.
– Bedroom 10ft by 12ft
– Kitchen 10ft by 5ft
– Living room 15ft by 10ft
– Bathroom 7ft by 7ft
Rear Flat:
Accessed via its own separate entrance to the rear, this self-contained flat comprises a living room, kitchen, bedroom and bathroom, together with its own private garden area measuring approximately 20ft x 10ft. The property benefits from double glazing and storage heating. EPC Rating E. Currently let at £680 pcm.
– Living room 10ft by 8ft
– Kitchen 8ft by 8ft
– Bathroom 7ft by 6ft
– Bedroom 7ft by 8ft
Note – Photos are from before tenants have moved in. The owner intends to re decorate the property.
ADDITIONAL INFO:- Mains water, Mains Electric, Mains Drainage. Gas central heating and storage heaters. Council Tax Band: A EPC: raging from C to E, Broadband: Superfast 1800mbps.
Agents Comment:
‘A particularly interesting investment opportunity offering four self-contained units and an established rental income of £32,880 per annum. With separate utilities, recent external improvements and a number of internally refurbished flats, this is an ideal opportunity for an investor looking for an income-producing property.’
Herstmonceux
Hailsham
Sittingbourne
