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Tenanted investment opportunity. Consisting of 2 x studios, 4 x 1 bedroom flats and 1 x 2/3 bedroom flat. All benefit from separate meters and communal parking. Located in a popular residential area, approximately 2 miles to George Eliot Hospital. Current rent payable £39,300 p.a.
ACCOMMODATION
GROUND FLOOR Flat 4 Lounge/Kitchen/Bedroom: 24 ft 9 in max x 10 ft 11 in Bathroom: Flat 7 Lounge/Kitchen/Bedroom: 19 ft 4 in x 8 ft Shower room Yard: MAIN BUILDING GROUND FLOOR Flat 5 Lounge/Kitchen: 17 ft 10 in x 15 ft 7 in max Bedroom: 11 ft 2 in x 9 ft 8 in max Shower room: Flat 6 Lounge/Kitchen: 27 ft 5 in max x 13 ft 9 in Bedroom: 14 ft max x 10 ft 3 in Shower room: Yard: FIRST FLOOR Store room: Flat 1 Lounge/Kitchen: 16 ft 3 in x 16 ft 2 in Bedroom: 13 ft 2 in x 9 ft Bathroom: Flat 2 Lounge/Kitchen: 13 ft 11 ft x 10 11 in Bedroom: 10 ft 10 in x 10 ft Bathroom: SECOND FLOOR Hallway: Flat 3 Lounge: 18 ft 3 x 15 ft 4 Dining area: 13 ft 2 in x 12 ft 10 in Kitchen area: 12 ft 8 in x 12 ft 1 in Bedroom 1: 12 ft 11 in x 11 ft 1 in W.C. Shower room: Bedroom 2: 11 ft 6 in x 8 ft 10 in
OUTSIDE
Communal parking. Flat 6 : Yard. Flat 7: Yard.
SERVICES
Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
EPC RATING
Flats 1, 4, 5, 6, 7 - E Flats 2, 3 - D
COUNCIL TAX BAND
All flats are band A
TENURE
Freehold subject to tenancies.
TENANCIES
Flat 1 - Assured Shorthold Tenancy Term: 6 months from 06/10/2022 (now rolling) Rent payable: £475 p.c.m. Flat 2 - Assured Shorthold Tenancy Term: 6 months from 24/04/2023 (now rolling) Rent payable: £450 p.c.m. Flat 3 - Assured Shorthold Tenancy Term: 6 months from 12/10//2022 (now rolling) Rent payable: £550 p.c.m. Flat 4 - Assured Shorthold Tenancy Term: 6 months from 6/06/2024 Rent payable: £400 p.c.m. Flat 5 - Assured Shorthold Tenancy Term: 6 months 30/05/2024 Rent payable: £500 p.c.m. Flat 6 - Assured Shorthold Tenancy Term: 6 months from 10/01/2024 Rent payable: £450 p.c.m. Flat 7 - Assured Shorthold Tenancy Term: 6 months 13/08/2024 Rent payable: £400 p.c.m
ADDITIONAL COSTS
Administration Fee: £1,650 (£1,375 plus VAT) Buyer's Premium: £1,200 (£1,000 plus VAT) Please see the legal pack for any further costs.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - these fees are included in the above sales particulars.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.