Property for sale
Property description & features
- Tenure: Freehold
- Investment
- Freehold
This opportunity comprises a detached 3 storey building with 12 apartments (4 on each floor) all let on AST's producing a rent roll of £220,020pa (ERV £233,620pa). Each apartment has 2 parking spaces with those at ground floor to the front having enclosed garden spaces.
Rooms
Property
The property comprises a 3 storey detached building on a plot of approx. 0.35 of an acre. Arranged as 12 two bedroom apartments (4 per floor), all with bathrooms & 9 also with en-suites, 2 parking spaces, as well as 2 additional spaces for visitors/disabled persons, some having private screened balconies, with those on the front/ground floor having garden spaces.
Features
Block Of 12 x 2 Bedroom Apartments
Fully Let With Income £220,020PA
ERV Circa £234,000PA
On Plot Of 0.35 Of An Acre
All Apartments With 2 Parking Spaces
Short Distance From Shenfield
Location
The property fronts open parkland and is only a 15 minute walk from Shenfield Station being a key interchange for medium to long distance main line services on the main line, with Liverpool Street being only 21 minutes away! It is also one of the two eastern termini of the Elizabeth Line. Shenfield is considered an affluent location with excellent shopping facilities, including Tesco, Co-Operative and Costa Coffee, with a vibrant night-time economy with a variety of Restaurants & Bars.
Tenure
Freehold.
Tenancies/Rent Roll
All 12 apartments are let by way of AST's producing a rental income of some £220,020pa.
Energy Performance Certificates
Copies of the EPC's are available upon request.
Legal Fees
Each party is to be responsible for their own legal fees.
Property information from this agent
Places of interest
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Property reference DBS240034. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Dedman Gray - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 2, 2022
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: obtained from Ofcom on March 2, 2022
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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