Property description

Charles Dyson are pleased to offer this highly desirable investment comprising an 18th century listed grade II town house with many of its original features, five self contained 1 bedroom apartments, two 2 bedroomed apartments and one further 2 bedroom maisonette, all currently tenanted. There is also ample parking and courtyard garden. In addition, a further one bedroom bungalow is available by separate negotiation.

General Information
Situated in the heart of Grantham and being located close to many local amenities and only a short walk to Grantham Train Station this ideal investment opportunity comprises an 18th Century town house, 7 self contained apartments and car park. A further 1 bedroom bungalow to the rear of the site is also available by separate negotiation.The accommodation in more detail is as described below:

Detailed Accommodation:

Middlemore House -

Hallway with Staircase to First Floor - 0' 0'' x 0' 0'' (0m x 0m)
Wide staircase with solid oak ballustrades and handrails fully sympathetically restored by craftsmen. Original panelling to staircase and landing and useful storage cupboards.

Cloakroom
With 2 ceiling light points, low flush wc and wash hand basin.

Lounge - 16' 1'' x 19' 4'' (max)(4.90m x 5.89m)
Large lounge with living flame gas fire in Victorian cast surround, stunning original feature plasterwork to ceiling, double external hardwood doors and two windows to side.

Snug/Family Room/Playroom - 9' 11'' x 8' 2'' (min) (3.02m x 2.49m)
With ceiling light point, window to side and access to kitchen and utility room.

Dining Kitchen - 16' 6'' (max) x 12' 8'' (5.03m x 3.86m)
With ceiling light point, hardwood flooring, cream quality fitted kitchen with draw, cupboard and shelf space, marble tops and wall tiles, fitted appliances and stable door to courtyard.

Utility Room - 9' 6'' x 5' 5'' (2.90m x 1.65m)
With ceiling light point, base and eye level units with inset sink and wall mounted gas fired boiler.

Rear Entrance Lobby - 0' 0'' x 0' 0'' (0m x 0m)
With ceiling light point and door to side.

On the First Floor

Master Bedroom - 16' 11'' x 11' 11'' (5.15m x 3.63m)
With 4 shuttered windows to 2 elevations, superb views across river, parkland, and St. Wulframs church, full original panelling fireplace with restored cast iron freestanding Victorian firegrate, dressing room off with fitted with rails and drawers.

Dressing Room - 7' 1'' x 7' 1'' (2.17m x 2.16m)
Fitted with rails and drawers.

Bathroom - 0' 0'' x 0' 0'' (0m x 0m)
With ceiling light point, panelled bath, low flush wc, wash hand basin inset into vanity unit and shower cubicle with 'Mira' shower unit.

On the Second Floor

Staircase and Landing
With loft storage area.

Bedroom Two - 17' 10'' x 13' 2'' (5.43m x 4.01m)
With ceiling light point, original feature beams, craftsman made solid oak glazed divider/door to stairwell fitted with bronze framed feature glazing and window to rear.

Castlegate Apartments:

55 Castlegate:
Entrance LobbyLiving Room - 16' 7'' (max) x 11' 1'' Bedroom - 16' 7'' x 8' 10'' (max) Kitchen - 10' 2'' (max) x 9' 11'' Bathroom - With 3 piece bathroom suite

55A Castlegate: - 0' 0'' x 0' 0'' (0m x 0m)
Entrance Hall Living Room - 16' 2'' x 11' 3'' (max) Bedroom - 12' 0'' x 9' 3'' (max) Kitchen - 8' 8'' x 8' 0''Inner LobbyCloakroom/WcBathroom - With 2 piece suite

55B Castlegate:
Entrance Hall Living Room - 10' 5'' x 12' 1'' Bedroom - 9' 4'' x 12' 1'' Kitchen - 15' 8'' x 7' 10'' Utility AreaBathroom - With 3 piece suite

55C Castlegate:
Entrance HallLiving Room - 14' 7'' (max) x 10' 6''Kitchen - 12' 9'' x 7' 5'' Bedroom One - 11' 6'' x 12' 2''Bedroom Two - 11' 10'' x 6' 9''Bathroom - With 3 piece suiteBathroom

55D Castlegate:
Entrance Hall Living Room - 12' 6'' x 11' 0''Bedroom - 12' 10''(max) x 11' 1'' Kitchen - 7' 7'' x 9' 1'' Bathroom - With 3 piece suite

55E Castlegate:
Entrance Hall Living Room - 12' 4'' x 11' 1''Bedroom - 12' 1'' (max) x 11' 1'' Kitchen - 7' 9'' x 9' 1'' Bathroom - With 3 piece suite

55F Castlegate:
Entrance HallLiving Room - 16' 11'' x 10' 0'' Kitchen - 8' 4'' x 7' 4'' Bedroom 1 - 7' 4'' x 7' 7'' Bedroom 2 8' 6'' x 10' 7''Bathroom

55G Castlegate: - 7' 8'' x 6' 11'' (2.33m x 2.10m)
Entrance HallLiving Room - 17' 1'' x 10' 1''(max)Kitchen - 7' 3'' x 6' 9'' Bedroom 1 - 13' 7'' x 9' 2''(max) Plus cupboardBedroom 2 - 10' 1'' x 8' 6'' Bathroom - With 3 piece suite

Outside:

Courtyard
A gated access from Castlegate leads to Courtyard style garden, with bin store and drying areaFurther gated side pedestrian access leads to:-

Car Park
To the side of the property, vehicle access leads to a good sized car park, providing ample car parking,

Additional Details
The current rental values are:-Middlemore House - £450 PCMApartment 55 - £350 PCMApartment 55A - £350 PCMApartment 55B - £350 PCMApartment 55C - £275 PCMApartment 55D - £350 PCMApartment 55E - £335 PCMApartment 55F - £385 PCMApartment 55G - £350 PCMPLEASE NOTE:Due to the ongoing nature of the tenancies, all rents are subject to change prior to purchase. In addition, due to ongoing day to day maintenance, repair and improvement works it is recommended that purchasers visually inspect the properties prior to exchange to ensure that they are aware of any material changes.

Tenure
The properties are sold freehold and all tenant are on Assured Shorthold Tenancies.

Property Features :

• Superb Investment Opportunity in the Heart of Grantham
• 2 Bedroom Grade II Listed Town House with many original features
• 5 Self Contained One Bedroom Apartments
• 2 Self Contained Two Bedroom Apartments
• 1 Self Contained Two Bedroom Maisonette