Call the team on 024 7652 7789 for more information
Unique opportunity, part tenanted, end terrace property, comprising of 11 self contained units requiring redecoration. Located in a popular residential area off Swan Lane. Current rent payable £46,080 p.a. Gross circa 19 % yield. Ideal investment opportunity.
ACCOMMODATION
GROUND FLOOR Room 1: Lounge/kitchen/bedroom plus ensuite: 12 ft 6 in x 11 ft 6 in Room 2: Lounge/kitchen/bedroom plus ensuite: 10 ft 10 in x 11 ft 3 in Room 2A Lounge/bedroom: 14 ft 7 in x 8 ft 4 Kitchen area: 5 ft 9 in x 3 ft 11 in Shower room: Separate access to the rear. Room 3: Not inspected. The Lodge: Not inspected. Lounge/kitchen/bedroom plus ensuite: FIRST FLOOR Room 5 Bedroom: 9 ft 9 in x 7 ft 9 in Kitchen: 7 ft 6 in x 4 ft Shower room: Room 5A Lounge/kitchen/bedroom plus ensuite: 10 ft 3 in x 9 ft 1 in Room 6 Not inspected Room 7 Lounge/kitchen/bedroom plus ensuite: 15 ft 5 in max x 12 ft 1 in max SECOND FLOOR Room 4 Lounge/kitchen/bedroom plus ensuite: 11 ft 2 in max x 8 ft 4 in Room 4A Hallway: Kitchen: 8 ft 9 in 5 ft 2 in Lounge/bedroom: 11 ft 9 in max x 7 ft 8 in max Bathroom:
OUTSIDE
Small yard to the rear. On street parking.
SERVICES AND HEATING
Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) Gas central heating.
EPC RATING
Flat 1: D, Flat 2: To be confirmed. Flat 2A: D Flat 3: D Flat 4: To be confirmed. Flat 4A: To be confirmed. Flat 5: To be confirmed. Flat 5A: To be confirmed. Flat 6: To be confirmed. Flat 7: To be confirmed. The Lodge: To be confirmed.
COUNCIL TAX BAND
Flat 1: A Flat 2: No banding information available on Local Authority website. Flat 2A: Flat 3: A Flat 4: A Flat 4A: Flat 5: A Flat 5A: Flat 6: A Flat 7: A The Lodge: No banding information available on Local Authority website.
TENURE
Freehold subject to tenancies.
TENANCIES
Flat 1: Occupation commenced: 25/07/2025 Rent payable: £450 p.c.m. Flat 2: Occupation commenced: 15/03/2023 Rent payable: £475 p.c.m. Flat 2A: Occupation commenced: 02/04/2021 Rent payable: £495 p.c.m. Flat 3: Vacant Flat 4: Vacant Flat 4A: Occupation commenced: 28/07/2022 Rent payable: £495 p.c.m. Flat 5: Occupation commenced: 01/12/2023 Rent payable: £575 p.c.m. Flat 5A: Occupation commenced: 14/03/2022 Rent payable: £450 p.c.m. Flat 6: Occupation commenced: 09/05/2017 Rent payable: £350 p.c.m. Flat 7: Vacant The Lodge: Occupation commenced: 08/07/2022 Rent payable: £550 p.c.m.
ADDITIONAL COSTS
Administration Fee: £1,440 (£1,200 plus VAT) Buyer's Premium: £2,160 (£1,800 plus VAT) Please see the legal pack for any further costs
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - these fees are included in the above sales particulars.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.