Map2 bedroom terraced house for sale
Key information
Features and description
- Tenure: Freehold
- Investment Property
- Two self contained units
- Over 9% Yield
- Two, One Bedroom Apartments
- £14,400 pa rent
- Full Furnished
- Single Freehold
- Close To Train Station
- In Excellent Order
- No Chain
Attention property investors! A truly unique opportunity has arisen to purchase two, freehold apartments in one deal that returns just over a 9% yield.
Previously a two bedroom terrace house that has been very cleverly split into two, one bedroom apartments. The two apartments are being sold as a collective and with tenants in situ and the purchaser will become the freeholder of the two flats, so you have no service charge to pay unlike most apartments.
By changing the house into two apartments the current vendors have created a much healthier yield. Both apartments are in excellent order which makes this an opportunity not to be missed.
Just to reference there is a cellar underneath that runs the full length of the house which is currently used for storage.
EPC rating: D. Tenure: Freehold,Rooms
138A Not provided
A ground Floor apartment accessed via the main front door on Edleston Road.
Living Room Not provided
A spacious room with composite front entrance door, uPVC double glazed window to the front elevation, TV point, wall mounted electric fire, slate floor and door into.
Kitchen Not provided
With wall and base units with working surfaces over incorporating a stainless steel sink and drainer, electric oven with a ceramic electric hob, extractor fan above and under-counter fridge.
Bedroom Not provided
uPVC double glazed window to the rear elevation, wall mounted electric storage heater, storage cupboard under the stairs with space and plumbing for washing machine, wooden flooring and door into.
Shower Room Not provided
Fitted with a three piece suite comprising a walk in shower unit with electric shower overhead and shower curtain, pedestal hand wash basin and low level W/C. Partially Travatine tiled walls, bathroom cabinet, tiled flooring and extractor fan.
138 Not provided
Split across two floors.
Kitchen / Diner Not provided
A light and airy room accessed via a wooden side access door and looks out over to rear garden, the kitchen is fitted with wall and base units with Granite working surfaces over incorporating stainless steel sink, draining area, electric oven with a four ring gas hob, splash-back and extractor fan above
and space for under counter appliances. Tiled floor, two uPVC double glazed windows to the side and rear elevations, two wall mounted radiators and door and stairs to first floor.
Landing Not provided
With a Wrought iron spindles balustrade, doors to all rooms, wall mounted radiator and fitted carpet.
Living Room Not provided
Two uPVC double glazed windows to the front elevation, wall mounted radiator, engineered Oak flooring, feature fireplace with hearth and marble effect fireplace and electric fire.
Bedroom Not provided
A double bedroom with a uPVC double glazed window to the rear elevation, wall mounted radiator, large built in wardrobe with storage above and fitted carpet.
Bathroom Not provided
Fitted with a immaculate four piece suite comprising a bath with mixer taps, a walk in shower unit connected to the mains supply and glass screen, vanity hand wash basin and low level W/C. Fully tiled walls and tiled flooring, chrome heated towel rail, storage cupboard, extractor fan and frosted uPVC double glazed window to the rear elevation.
Outside Not provided
To the rear is a small courtyard style garden that is part patio and part stone with a rear access gate and steps down into cellar.
Important Information Not provided
Flat 138a is ground floor apartment, council tax band A and the EPC rating is band C. Current tenants pays £550 pcm.
138 is across the ground and first floor, also tax band A, EPC rating is D. Current tenant pays £650 pcm.
The two are apartments are being sold as one with both tenants in situ. The purchaser will also become the freeholder.
Please contact our sales team if you require any further information.
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