INVESTMENT PROPERTY WITH £13,200 RENTAL INCOME PER ANNUM
BLOCK OF 4 FREEHOLD ONE BEDROOM FLATS, FULLY TENENTED
This well maintained property is in the Temple Street Conservation Area.
No.2 Lounge, small kitchen, bathroom and bedroom. Rent £65 per week
No.4 Lounge, kitchen, bathroom and bedroom. Rent £62 per week
No.2A Large living room/kitchen, bathroom and bedroom. Rent £65 per week
No.4A Large living room/kitchen, bathroom and bedroom. Rent £62 per week
Over the last 5 years, the premises have enjoyed almost full occupancy, just 6 vacant weeks in all, the upper 2 flats have long term tenants.
Smoke/heat detectors in all rooms back to central alarm panel.
Double glazing throughout.
Water and room heating by electric, each flat having its own meter. NO GAS ON THE PREMISES.
The basement was given PLANNING PERMISSION for conversion into residential accommodation, this has lapsed, but could be reinstated. The area provides a useful storage facility.
Free on-street car parking outside.
Although this property is in the Temple Street Conservation Area, it is NOT a listed building.
Overheads: The buildings cover for the property at the last renewal was £232.43.
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