Property description
A rare opportunity for an investment buyer to purchase 6 one bedroom self contained flats with 6 garages located in Fairy Road. The flats are within a converted Victorian semi-detached house with each one being refurbished. Each apartment has its own front door; 5 from within the property one has its own entrance to the rear. All bar one have an entrance vestibule, the 6th enters directly into the lounge. Three to the ground floor and 3 to the first. They all have a bedroom, bathroom and lounge with open plan kitchen. Potential rental yield £31,620.00 with actual rental achieved 2015-16 £25,640.00. The garages are rented separately to local residents included in previous figures. All flats have double or secondary glazing.
Flat A
Lounge including kitchen - 4.2 x 4.5 mBedroom 3.75 x 3.95 mBathroom 2.5 x 1.45Hall 1.1 x 1.45 mTotal area = 39.7 square metre 427.57 square feet
Flat B
Lounge including kitchen 3.9 x 4.2 mBedroom 3.9 x 3.65 mUtility/corridor 2.35 x 1.05Bathroom 2.7 x 1.35 mTotal Area = 37.33 square metres 401 square feet
Flat C
Lounge including kitchen 4.25 x 4.65 mBedroom 3.75 x 3.7 mBathroom 2.6 x 1.5 mHall 3.5 x 1.5 mTotal Area = 42.9 square metres 462 square feet
Flat D
Lounge 4.0 x 4.2 mKitchen 1.65 x 2.6 mBedroom 2.7 x 3.65 mBathroom 1.25 x 2.5 mTotal area = 36.3 square metres 387 square feet
Flat E
Lounge 2.65 x 4.4 mKitchen 2.0 x 1.75 mBedroom 2.8 x 3.0 mBathroom 2.0 x 1.2 mTotal area = 28.4 square metres 305 square feet
Flat F
Lounge 2.65 x 2.6 mKitchen 1.6 x 1.7 mBedroom 2.8 x 2.55 mBathroom 1.7 x 1.7 mTotal area = 24.4 square metres 263 square feet
Additional Information
Please note Monopoly HAVE NOT measured the flats or taken internal photographs out of respect for the tenants. The vendor provided the measurements.
Property Features :
- Rare opportunity to purchase 6 one bed self contained flats
- Converted Victorian semi-detached town house
- 6 garages included plus additional off road parking
- All flats have been refurbished
- Potential rental income £31,620 actual income 15/16 £25,640
Property Info: