OUTSTANDING INVESTMENT OPPORTUNITY - THREE SELF CONTAINED FLATS - ANNUAL INCOME OF £14,580 - 8.3% YIELD AT ASKING PRICE
Nestled in the vibrant locale of Princes Avenue, this townhouse, skillfully transformed into three separate flats, represents a lucrative investment opportunity. The diversified units include a comfortably appointed one-bedroom flat on the ground floor, a spacious two-bedroom residence on the second floor, and an additional one-bedroom haven on the top floor. Currently, all units are leased, collectively contributing to a substantial gross annual income of £14,580.
The property's allure extends beyond its income potential. A well-maintained garden at the rear enhances the overall appeal, providing an inviting outdoor space. This strategic conversion, coupled with its prime position on Princes Avenue, not only ensures a steady stream of rental income but also places this property at the heart of local amenities. It stands as a prudent investment in both function and location, embodying a harmonious blend of practicality and urban vitality.
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Flat 6A -
Ground Floor -
Bedroom - 3.81m x 4.06m max (12'06 x 13'4 max) -
Lounge - 3.35m x 4.27m max (11'92 x 14'91 max) - Currently used as the bedroom but given it's position could also be a reception room.
Kitchen - 4.47m x 2.82m max (14'8 x 9'3 max) - With a range of eye level and base level units and complimenting work surfaces, a sink and drainer unit, space for a fridge freezer and plumbing for a washing machine.
Bathroom - With a low level WC, a hand basin and a bath.
Outside - Property has the benefit of a rear garden.
Flat 6B - First Floor
Room 1 - 4.27m x 2.64m max (14'82 x 8'8 max) - A wonderful room with option to be a bedroom and a reception room.
Bedroom 1 - 3.71m x 2.44m max (12'2 x 8'0 max) - Another room with space for storage.
Dining Room - 3.48m x 3.56m max (11'5 x 11'8 max) - A fantastic reception room.
Kitchen - 4.50m x 1.75m max (14'9 x 5'9 max) - With a range of eye level and base level units with complimenting work surfaces, a sink and drainer unit, space for a fridge freezer and plumbing for a washing machine.
Bathroom - With a low level WC, a hand basin and a panelled bath.
Flat 6C - Second Floor
Bedroom 1 - 3.73m x 2.74m max (12'3 x 9'19 max) - A brilliant main bedroom
Room - 3.35m x 3.58m max (11'77 x 11'9 max) - Another room that could be used as a lounge.
Kitchen - 2.59m x 2.51m max (8'6 x 8'3 max) - With a range of eye level and base level units with complimenting work surfaces, a sink and drainer unit, space for a fridge freezer and plumbing for a washing machine.
Bathroom - With a low level WC, a hand basin and a panelled bath.
Central Heating - Need details.
Double Glazing - The property has the benefit of double glazing.
Tenure - Need details
Council Tax - Symonds + Greenham have been informed that this property is in Council Tax Band A.
Viewings - Please contact Symonds + Greenham on to arrange a viewing on this property.
Disclaimer - Symonds + Greenham do their utmost to ensure all the details advertised are correct however any viewer or potential buyer are advised to conduct their own survey prior to making an offer.