No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£375,000
Added > 14 days

Property for sale

High Street, Ryde
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Property
0 bed
0 bath

Property description & features

LOCATION
Situated on Ryde High Street, within the pedestrianised zone. Ryde High Street is a buoyant shopping center and offers various national and boutique shops.

Ryde is located to the North of the Island and is the biggest town by population.

DESCRIPTION
Offered for sale is this end of terrace property with ground floor commercial and two apartments over.

The ground floor is currently let to Ladbrokes on a 5 year from April 2023 at a current passing rent of £27,000pa.

There are two apartments over, 27a & 27b.
27a offers kitchen/diner, sitting room, double bedroom and shower room. The current passing rent is £5,940pa.
27b offers entrance hall/dining area, sitting room, kitchen, bathroom, double bedroom and single bedroom. The current passing rent is £7,140pa.

Total net initial income is £40,080pa.

TERMS
Our client is asking Guide Price £375,000 for this investment opportunity.

OUTGOINGS
The VOA shows the ground floor has a rateable value of £22,250, using the current UBR the rates payable would be circa £11,400pa.
Both flats are rated Council Tax Band A.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact[use Contact Agent Button] or [use Contact Agent Button]

Property information from this agent

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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