3 bedroom apartment for sale
Key information
Property description & features
- Guide price £400,000 £425,000
- Three bedroom flat
- Double fronted shop
- Studio in garden
- Investment opportunity
- High Street location
The flat is leasehold (999 years from 30th June 2010) with an approximate rental income of £1250 per month. The flat, which was renovated to a good standard throughout by the current owners, is currently rented out on a one month rolling contract. The double-fronted shop, which currently operates as a popular florist, occupies the ground floor and includes the shopfloor to the front with an attractive bay window overlooking the High Street, a large storage/stock room adjacent with two entrances (with potential to utilise as a second shopfloor space) and a kitchenette and WC to the rear. The shop, which also has a cellar, is Freehold and includes the Freehold to the whole building (i.e. the flat above). The shop is currently rented out at approximately £575 per month and £25 per month insurance on a three-year lease ending November 2026.
Outside, you have a large patio area accessed directly from the utility room which leads into a large garden with a studio to the rear which benefits from underfloor heating, water and electricity and has a modern shower room and double glazing. During the summer months June, July, August ‘20/’21/’22 the studio and the flat was rented out via Airbnb generating a combined income of approximately £3000 per month.
TENURE: Freehold & Leasehold (999 years from 30th June 2010)
SERVICES & UTILITIES:
Electricity supply:
MainsWater supply: Mains
Sewerage: Mains
Heating: Electric
COVENANTS: Covenants relate to this property please contact the office for more information
Council Tax Band: C
Tenure: Freehold
Ground Rent: £0.00 per year
Service Charge: £0.00 per year
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Broadband availability and predicted speed: obtained from Ofcom on February 8, 2023
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 8, 2023
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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
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Energy Performance data and Internal floor area
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