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A Mid Terrace Building Arranged to Provide Seven Flats (1 x One Bedroom, 1 x Studio, 5 x Bedsits) Part Let Producing £38,400 Per Annum
The property comprises a mid terrace building arranged to provide seven flats (1 x one bedroom, 1 x studio, 5 x bedsits) arranged over lower ground, ground and two upper floors.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Grove Park are within easy reach. Transport links are provided by Redland rail station.
Accommodation
One Bedroom Flat Lower Ground Floor Reception Room Kitchen Bedroom Bathroom Separate WC Ground Floor Studio Flat with Kitchen, Bathroom and Separate WC Bedsit with Kitchenette First Floor Two Bedists Each with Kitchenettes Bathroom Second Floor Two Bedists Each with Kitchenettes
Exterior
The property benefits from a rear yard.
Tenancy
Six of the seven flats are subject to individual tenancies at a combined rent of £3,200 per calendar month.
Current Rent Reserved
Current Rent Reserved £38,400 per annum
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.