An investment opportunity to acquire a freehold property divided into three one bedroom flats, all currently tenanted on rolling assured shorthold contracts. The property is currently bringing in approximately £1,100-£1,200 per calendar month and we are waiting for confirmation of this.
4.57m x 3.94m (15' x 12'11)
with wood effect flooring, wall mounted electric fire, radiator.
3.10m x 2.24m (10'2 x 7'4)
overlooking private rear garden, single drainer stainless steel sink unit with mixer tap having cupboard under, range of working surfaces with cupboards under, wall mounted shelved storage cupboards, space and plumbing for washing machine, space and electric point for cooker, space for fridge/freezer, airing cupboard housing water tank, radiator, part tiled walls, tiled flooring.
3.43m x 3.33m (11'3 x 10'11)
With radiator and sealed unit double glazed double doors leading to private rear garden.
with shower having hand held shower, pedestal wash basin low level WC, wall mounted gas fired boiler, extractor fan, part tiled walls, wall mounted electric heater.
There is a private garden being mainly paved with a small area of lawn.
Front door to
Door to communal entrance hall with stairs to 1st floor landing. Front door to
with airing/storage cupboard.
3.96m x 3.66m (13' x 12')
2.72m x 1.52m (8'11 x 5)
with single drainer stainless steel sink unit with cupboard under, range of working surfaces with storage and appliance space under, wall mounted shelved storage cupboards, wall mounted gas fired boiler, part tiled walls.
4.11m x 3.05m (13'6 x 10')
with suite comprising panelled bath, pedestal wash basin, low level WC, part tiled walls, radiator.
Door from first floor landing with stairs to 2nd floor landing
4.55m x 3.76m (14'11 x 12'4)
with fitted gas fire having back boiler, TV plinth, wall lights, radiator and storage cupboard.
2.49m x 1.50m (8'2 x 4'11)
with single drainer stainless steel sink unit with mixer tap having cupboard under, working surfaces with appliance space under, wall mounted shelved storage cupboards, built in electric hob with oven under, part tiled walls, radiators.
3.35m’2.44m x 3.35m’ (11’8 x 11’)
with storage cupboard, airing cupboard housing insulated water cylinder, radiator.
with panelled bath having separate shower, pedestal wash basin, strip light/shaver point, low level WC, part tiled walls, extractor fan, light and radiator.
We have been advised by the vendor that planning permission has not been applied for with regards to the conversion of the upper maisonette into the first and second floor flat, although this has been converted for over 20 years the tenants are currently paying individual council tax and the vendors are willing to offer an indemnity insurance.
The flats receive the below rent
GFF - £450.66 per month
FFF - £373.75 per month
TFF - £373.75 per month
Ground Floor- EPC rating D
Mid Floor- EPC rating C
Top Floor- EPC rating D
Proceeding from Town Hall Square in a northerly direction along London Road, straight over the traffic lights and then right at the traffic lights into the continuation of London Road, proceed into Ninfield Road, through Sidley High Street, and the property will be found on the right hand side just before the mini roundabout.