Property description

Mr E's comments: 'The overwhelming attraction in this property for me was its ease of management and the fact it was freehold. I would have complete control of the entire enterprise. The units were compact and well laid out. I could live on and have a personal relationship with all my tenants thereby earning and encouraging their respect for the property'.

AN INVESTMENT OPPORTUNITY TO MAKE YOUR MOUTH WATER, THIS FREEHOLD BLOCK US CURRENTLY SPLIT INTO SIX SELF-CONTAINED FLATS... Currently the block is divided into three one bedroom flats, two two bedroom flats and one three/four bedroom flat. Benefits to the building include a large lawned garden, roof terrace from Flat 5, double glazing and gas central heating in each unit. Five of the six flats are currently let to happy tenants with the sixth flat currently occupied by the owner. For more information and to arrange viewing access please contact Oakfield now.
Flat 1

Living Room 4.2m (13'9) x 3.8m (12'6)

Kitchen 2.8m (9'2) x 1.9m (6'3)

Bedroom 4.5m (14'9) x 3.7m (12'2)

Bathroom 2.2m (7'3) x 2m (6'7)

Utility Room 2m (6'7) x .9m (2'11)

Garden

Flat 2

Living Room 4m (13'1) x 3m (9'10) (plus recess as L-shaped)

Kitchen 2.7m (8'10) x 3.6m (11'10)

Bedroom 3.7m (12'2) x 2.3m (7'7)

Bathroom 2.8m (9'2) x 2.3m (7'7)

Flat 3

Living Room 3.8m (12'6) x 3.3m (10'10)

Kitchen 3.8m (12'6) x 2m (6'7)

Bedroom 4m (13'1) x 2.3m (7'7)

Bathroom 3m (9'10) x 1.2m (3'11)

Flat 4

Living Room 4.7m (15'5) x 3.4m (11'2) (plus recess as L-shaped)

Kitchen 2.1m (6'11) x 1.3m (4'3)

Conservatory 4.5m (14'9) x 2m (6'7)

Bedroom One 4m (13'1) x 3m (9'10)

Bedroom Two 4m (13'1) x 2.1m (6'11)

Bathroom 3m (9'10) x 1.2m (3'11)

Garden

Flat 5

Living Room 3.8m (12'6) x 3.7m (12'2)

Kitchen 2.7m (8'10) x 2.3m (7'7)

Bedroom One 3.9m (12'10) x 2.7m (8'10)

Bedroom Two 3.9m (12'10) x 2.3m (7'7)

Bedroom Three 5m (16'5) x 3.4m (11'2)

Box Room 3m (9'10) x 2.5m (8'2)

Bathroom 3.9m (12'10) x 1.7m (5'7)

Roof Terrace

Flat 6

Living Room/Kitchen

Living Room/Kitchen 4.5m (14'9) x 4.3m (14'1) (L-shaped)

Utility Room 1.2m (3'11) x .08m (0'3)

Bedroom One 5.2m (17'1) x 3.8m (12'6)

Bedroom Two 4m (13'1) x 4m (13'1)

Bathroom 2.3m (7'7) x 1.6m (5'3)

Additional Information
Flat 1 - Council Tax Band A - (£1129.40) - EPC Rating E - Let for £475 PCM.

Flat 2 - Council Tax Band A - (£1129.40) - EPC Rating D - Let for £495 PCM.

Flat 3 - Council Tax Band A - (1129.40) - EPC Rating E - Let for £450 PCM.

Flat 4 - Council Tax Band B - (£1317.63) - EPC Rating E - Let for £650 PCM

Flat 5 - Council Tax Band A - (£1129.40) - EPC Rating E - Let for £700 PCM.

Flat 6 - Council Tax Band B - (£1317.63) - EPC Rating E - Projected rent of £650 PCM.



With the rental figures and projected rental for Flat 6, this currently gives a rental yield of approximately 5.78%.

Property Features :

• Fantastic investment opportunity
• Six self-contained flats
• Garden and roof terrace
• Off-road parking spaces
• Five flats currently let out