5 bedroom Detached house for sale in Brentwood Road Chadwell St. Mary Grays RM16

Sale Price: £700,000

Grays Essex Chadwell St Mary, RM16 4JD

Detached
5 Bed(s)
-- Bath(s)
Available

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Street Address

Grays Essex Chadwell St Mary, RM16 4JD

Property description



*** NO ONWARD CHAIN *** CmRENT & SALES are delighted to offer for sale this FREEHOLD COMMERCIAL PROPERTY. The freehold investment comprises of Three bed-sits, a Two bedroom flat, One bedroom flat & a commercial shop. This is a fantastic opportunity that could create a great investment income currently achieving an income between £50,000 - £60,000 per annum.

Bedsit No113\‘9\" x 13\‘ (4.2m x 3.96m). Total yearly rent that currently achieving - £6,240.00 pa (£120.00 p/w)   Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area

Bedsit No212\‘3\" x 9\‘10\" (3.73m x 3m). Total yearly rent that currently achieving - £4,940.00 pa (£95.00 p/w) Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area

Bedsit No311\‘9\" X 10\‘11\" (3.58m X 3.33m). Total yearly rent that currently achieving- £4,940.00 pa (£95.00 p/w) Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area

1 Bedroom Flat Total yearly rent that currently achieving- £7,080.00 pa (£590.00 p/m)   Bedroom 4.67m (15`4\") x 1.93m (6`4\") Lounge3.33m(10`11\") x 2.62m (10`11\") Kitchen 3.38m (11`1\") x 2.62m (8`7\") Shower room 1.68m( 5`6\") z 89m (2`11\") Separate W.C. and wash basin & access to Communal Garden

2 Bedroom Flat This Property is accessed via its own private front door and is located above the resturant also offering loft access. Total yearly rent that currently achieving- £8,280.00 pa (£690.00 p/m)

Akhash Indian Restaurant 7 years remaining on lease - Total yearly rent that currently achieving- £24,000.00 pa

Loft Space The loft space above both can be converted into further accommodation Subject to planning creating additional rental income of approximately - £10,000 - £15,000 per annum.

Total annual rent for property £55,480.00

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