- Freehold property comprising two 1 bed apartments +
- Tenants in situ +
- Gross yield currently around 9% per annum +
- Central location +
- No onward chain +
SUMMARY
CALLING ALL INVESTORS! Currently producing a gross yield of around 9% per annum and comprising of two large one bedroom apartments, this freehold property represents a fantastic opportunity for investors.
DESCRIPTION
CALLING ALL INVESTORS! Currently producing a gross yield of around 9% per annum and comprising of two large one bedroom apartments, this freehold property represents a fantastic opportunity for investors. Both apartments have tenants in situ and comprise of a large bedroom, lounge, kitchen and shower room and the ground floor apartment benefits from having a yard area. The first floor apartment has recently had a new kitchen and shower room fitted and the vendor advises that the whole property has been damp-proofed.
EPC Rating:
43a - Currently - E / Potential - C
43b - Currently - E / Potential - C
43a:
Lounge 12' 5" x 16' 4" Minimum ( 3.78m x 4.98m Minimum )
Kitchen 8' 6" x 7' 2" ( 2.59m x 2.18m )
Bedroom 13' x 14' Minimum ( 3.96m x 4.27m Minimum )
Shower Room 6' x 5' 1" ( 1.83m x 1.55m )
43b:
Lounge 12' 5" x 12' 5" Minimum ( 3.78m x 3.78m Minimum )
Kitchen 8' 5" x 6' 1" ( 2.57m x 1.85m )
Bedroom 12' 7" x 10' 3" Minimum ( 3.84m x 3.12m Minimum )
Shower Room
Agents Note:
‘Heating to the property is served by Electric. Please contact the branch for more details’
DIRECTIONS
From Wisbech Freedom Bridge roundabout, take the A1101 signposted Downham Market. Proceed along and turn right into Elm Road and follow the road round to the left, where the property is on the left-hand side.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.