This property is no longer on the market
11 bedroom block of apartments
Key information
Property description & features
A rare opportunity to purchase an unbroken freehold block of flats and two-storey cottage in the sought after village of Anstey.
The current configuration provides a large duplex apartment that has been designed in such a way as to allow conversion to form two smaller units. There is a two-storey, two-bedroomed cottage and five one-bedroomed apartments. There are communal gardens and parking spaces, together with a car port, single and double garage.
With the exception of the duplex apartment, all units are let on assured shorthold tenancies.
This has been a long term investment vehicle and the current rent passing is £37,980 per annum. Once the duplex is converted and market rents are charged, the estimated rental income would be in the region of £60,000 per annum.
Flat 19 - Ground Floor Flat. Let at £500 PCM.
Entrance hall, Lounge 5.31m x 3.24m, Kitchen 2.50m x 2.43m, Bedroom 3.93m x 2.68m, bathroom 2.44m x 1.98m.
Flat 19A - First Floor Flat Let at £345.00 PCM
Entrance hall, Lounge 5.32m x 3.29m, Kitchen 2.50m x 2.58m, Bedroom 4.05m x 2.67m, bathroom 1.96m x 2.28m
Flat 21 - Ground Floor Flat VACANT Offered at a monthly rent of £650.00
Entrance hall, Lounge, 5.31m x 3.24m, Kitchen, 2.43m x 2.50m, Bedroom, 2.698m x 3.93m, bathroom,1.98m x 2.44m
Flat 21A - First-floor Flat let at £650 PCM
Entrance hall, Lounge, 5.34m x 3.34m, Kitchen 2.49m x 2.42m, Bedroom 3.96m x 2.60m, Bathroom 2.27m x 1.99m
Flat 23 - Ground floor flat Let at £420 PCM
Entrance hall, Lounge, 5.34m x 3.23m, Kitchen, 2.39m x 2.56m, Bedroom, 2.73m x 3.86m, Bathroom, 2.44m x 1.98m
23A - Four bedroomed Duplex flat with solar panels serving this flat only. Approached via a first floor balcony, Kitchen,4.74m x 4.17m, lounge, 4.76m x 3.96m, Inner hall, Bedroom, 3.58m x 3.92m, bedroom, 3.25m x 2.67m, Bedroom, 3.93m x 2.38m, Bathroom, 2,47m x 1.92m, second floor, Ensuite Bedroom 4.70m x 4.20m.
No 25 - A two storey cottage Let at £750 PCM
Lounge, 3.72m x 3.69m, Inner lobby with stairs to the first floor, Kitchen 3.70m x 3.68m, Rear lobby, 1.71m x 1.81m, shower room, 1.81m 1.81m, First Floor, bedroom 1, 3.70m x 3.70m, bedroom 2, 3.70m x 3.70m.
Outside - Communal gardens and designated parking spaces for each flat. there is a double and single garage and a car port.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the buyer.
Buyer's Administration Fee - Buyers will be required to pay an auction administration fee of £1,200 inc VAT
Tenure - The property is being sold freehold subject to the assurred shorthold tenancies in place, upon completion. FIXTURES AND FITTINGS - All the items mentioned in these sales details are to be included within the purchase price. SERVICES - None of the services, fitting or appliances (if any) heating installations, plumbing or electrical systems have been tested by the selling agents, neither have the telephone or television points.
Consumer Protection Legislation - CONSUMER PROTECTION LEGISLATION - These sales details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our sales details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the purchaser for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.
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