A mid-terrace double fronted property in the popular Claremont residential area close to schools, shops and bus routes. Arranged as 7 flats internally comprising 1x3, 1x2, 3x1 and 2 x Studio; each self-contained. The property focuses on providing accommodation for occupants claiming housing benefit and in turn attracts the local housing benefit tariff. When fully occupied the flats can attract IRO £37,000+ per annum. Internally the tenants elect to live in their own style including some smokers. Managed correctly this market segment can be very lucrative. Majority electric heating, 2 flats also enjoy gas central heating.
LOCATION
Clifford Road in the Claremont Area
GROUND FLOOR
Entrance to hallway and meter cupboard - Flat 1 Separate Lounge - Separate Bedroom - Separate Shower Room/W.C - Separate Kitchen - Separate Bedroom 2 (44 Sq M ) - Flat 2 -Lounge/Kitchen - Sep Shower Room W.C - Sep Bedroom (33 Sqm) - Flat 3 - Sep Lounge - Sep Bedroom - Sep Kitchen - Sep Shower Room W.C (32 SqM)
FIRST FLOOR
Flat 4 - Sep Lounge - Sep Bedroom - Sep Kitchen - Sep Shower Room WC (25 SqM) - Flat 5 - Lounge/Kitchen/Bedroom - Sep Shower Room WC (26 SqM) Flat 6 - Lounge/Kitchen/Bedroom Sep Shower Room WC - Flat 7 - Lounge/Kitchen - Separate Shower Room W.C. - Bedroom x 3 (44 Sq M)
EXTERIOR
Front Parking for 3/4 Vehicles - Rear Yard
BUSINESS
1 - Vacant (remedial work underway) LHA rate is £124.73
2 - £400.00 per month
3 - £368.33 per month
4 - £400.00 per month
5 - £325.00 per month
6 - £300.00 per month
7 - Vacant LHA Rate is £143.84 pw
SERVICES
We are advised - Electric tenants pay own bills - Flat 1 & 7 have own central heating boiler. Tenants pay own water.