Property description

60 St Michaels Road is a large three storey Victorian property with a more recent two storey extension to the rear. It comprises 4 x one bed apartments and 1 x one bedsit. St Michaels Road is situated in the popular 'Saints' area, off Kimbolton Road, close to Bedford Park. The property is situated approximately 3/4 mile north of the town centre. All five of the existing flats are let on an assured short hold tenancy of a minimum of six months period following which they are rolled on subject only to the minimum statutory notice period of two months. The current rental income is �27,780 per annum with two tenants paying �490 PCM, one tenant paying �460 PCM, one tenant paying �450 PCM and one tenant paying �425 PCM totalling �2,315 PCM. All the flats have an EPC rating of C to G. Copies of EPC?s for each flat are available. All mains services are connected to the property There are individual boilers sited within each of the five apartments where each apartment pays their own bills. Viewing can be arranged (by appt only) to inspect the external areas. As all flats are occupied, offers are invited subject to internal viewing of individual flats. Initial offers may be based on the information contained within this brochure. Offers in excess of �400,000 are invited.

Property Features :

• Entrance
• Lounge
• 1 Bedroom
• Bathroom
• Communal Garden
• EPC Rating: C - G