15 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- No Onward Chain
- 4x Single Commercial Units & 1x Double Commercial Unit
- 5x 3 bedroom duplex 1st floor apartments
- Town Centre Location
- Circa 6,700 sqft in total
- Asset Management/Development potential.
- Not elected for VAT
The commercial units have been successfully occupied by established businesses for many years. These let units (2 currently vacant) currently generate £13,520 pa in rental income whilst the apartments are currently let on AST's generating £51,000 pa.
With potential further investment all of the apartments and units have the potential to generate significantly higher returns to bring the rental yields inline with current market rates.
The property totals c.626 sqm (6,738 sq ft) GIA and the Freehold site is 0.16 acres.
Energy Performance Certificate:
Certificates and reports available upon request.
Location, Location!
The historic market town of Wallingford is positioned on the banks of the River Thames equidistant between Oxford and Reading. The town dates back to medieval times with its own Castle ruins and a popular marketplace along with independent shops handy convenience stores lots of restaurants cafes and major chains including Waitrose and Lidl.
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Material Information
EPC Ratings for Commercial Units; B - C
EPC Ratings for Residential Units; E - F
Council Tax Bands for Residential Apartments; C
Broadband: According to checker.ofcom.org.uk; Standard, Superfast & Ultrafast services are available subject to which supplier.
Mobile Signal/Coverage: According to checker.ofcom.org.uk; Voice & Data Available across all providers.
We strongly advise you consult a Solicitor and or surveyor or carry out your own research on the information provided to ensure there have been no unexpected changes to the information above. We do not check the records on a daily basis therefore changes may occur through 3rd parties correcting errors or applications made by the owners or 3rd parties.
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*DISCLAIMER
Property reference RX384895. 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 Thomas Merrifield - Wallingford.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on September 18, 2024
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 September 18, 2024
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.