Property description

The property previously comprised of the Astoria Hotel but now has planning permission for conversion into 8 residential flats/apartments. 7 no. 2 bedroom and 1 no. 3 bedroom flats. Plans are available on request from our office.
The flats/apartments would be set out over 5 floors. The flats/apartments comprise of 2 or 3 bedroom accommodation some of which boast en-suites and balconies with far reaching views.
This is an excellent opportunity for a builder / developer / residential investor and viewings are highly recommended and available by prior appointment through Kenricks.
We understand that the building previously has had a fire but with no major compromise to the building structure (all parties are to make their investigations into the building structure however).

LOCATION
This residential flat development building occupies a convenient town centre location on Albert Road. It is within walking distance of the Houndshill Shopping Centre and the town centre with its array of shopping facilities. Ease of commuting is available throughout the town and onto the Promenade.

Property Reference 0DC3429

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Ground Floor

Communal front entrance with gardens at the front.

Flat 1 (3 Bed): Lounge with bay window, fitted kitchen, separate WC, dining room and double bedroom. Stairs to the lower ground floor: double bedroom, bathroom and single bedroom.
Flat 2 (2 Bed): Lounge with bay window, bathroom, fitted kitchen and two double bedrooms.



Lower Ground Floor

Flat 3 (2 Bed): Lounge with dining area, fitted kitchen, double bedroom, bathroom and double bedroom en-suite.



First Floor

Flat 4 (2 Bed): Open plan lounge with dining area, bathroom, fitted kitchen, double bedroom and single bedroom.
Flat 5 (2 Bed): Open plan lounge with dining area, bathroom, fitted kitchen, double bedroom and single bedroom.



Second Floor

Flat 6 (2 Bed): Open plan lounge with dining area, fitted kitchen, bathroom, double bedroom and single bedroom.
Flat 7 (2 Bed): Open plan lounge with dining area, fitted kitchen, bathroom, double bedroom and single bedroom.



Third Floor

Flat 8 (2 Bed): Spacious top floor apartment. Open plan lounge through to fitted kitchen and dining area. Double bedroom with en-suite shower room, single bedroom and bathroom. This apartment benefits from two rear balconies providing external space and far reaching panoramic views.

Viewings
Strictly via prior appointment through Kenricks on 01253 420420.
All prices quoted are exclusive of VAT but may however be subject to VAT at the prevailing rate.

Property Features :

• Residential Flat Development
• Planning Permission to be Converted into 8 x 2/3 bed Apartments/Flats
• Excellent Investment Opportunity
• Plans Available on Request
• Rental Income Potential circa �51,500 p.a.