Price £395,000 New Instruction

INVESTMENT COMPRISING 4 FLATS CURRENTLY LET PRODUCING £25,668 pa! 4 flats converted from former retail premises and let as two number 1 bedroom ground floor flats, and two number 2 bedroom first and second floor flats in all totalling c. 1845 sq ft (171.4 sq m) in town centre location. OFFERS INVITED!

All of the properties have EPC of D or higher. Some of the flats are double glazed and some have secondary glazing. Heating is all electric and on key meters for ease. Electrical checks will be supplied by the owner. The agent has all of the EPC`s on file.

Viewings will be on notice as the tenants will need to be given notice. The building is for sale Freehold as a single title. The seller does have other properties for sale in the vicinity.

The sellers are professional landlords of many years standing and have always managed the portfolio themselves. Rents are frequently paid weekly to reflect the largely weekly pay of the local market. Self managing has meant that the properties have been actively looked after and as a result there have been hardly any voids. The selling agents have acquired units from these owners before for other landlords and by managing the properties in the prescribed way continually produce excellent returns with very few vacancies.

GROUND FLOOR
Flat A - ground floor

Living room
Window to front. TV Point. Laminate floor.

Kitchen
Matching range of wall and base units in light oak. Rolled edge work surfaces with sink unit inset with electric water heater over. Electric cooker point with hood over. Tiled floor. Space and plumbing for automatic washing machine.

Hallway
Night storage heater.

Bedroom
Night storage heater. Laminate floor.

Bathroom
Electric shower in tiled and glazed cubicle. Tiled floor. Window to rear.

WC
With WC and wash hand basin having electric water heater over. Extractor fan. Window to rear.

Flat B - ground floor

Living room
Window to front and door to front. Laminate floor. Night storage heater. Telephone point.

Kitchen
Smartly fitted with matching range of wall and base units. Rolled edge work surfaces with sink unit inset and electric water heater over. Space and plumbing for automatic washing machine. Breakfast bar. Tiled floor. Electric cooker point with hood over.

Bathroom
Electric shower in tiled and glazed cubicle. WC. Wash hand basin with electric water heater over. Tiled floor.

FIRST AND SECOND FLOORS
Flat D - first & second floors

Hallway
Stairs rise to second floor.

Living room
2 windows to front. Laminate floor. Night storage heater. TV Point.

Kitchen
White wall units and light wood base units. Electric cooker point with cooker hood over.
Space and plumbing for automatic washing machine.

Bedroom 2
Window to rear. Laminate floor. Night storage heater.
Shower room
Electric shower in tiled and glazed cubicle. Wash hand basin. WC. Extractor fan. Shaver
point and light.

Attic Bedroom 2
Dormer window to front. Airing cupboard with instant water heater.
Night storage heater.

Flat E - first and second floors

Hallway
Stairs rise to second floor. Night storage heater. Laminate floor.

Living room
Window to front. Laminate floor. Night storage heater. TV Point.

Kitchen
Matching range of wall and base units. Rolled edge work surfaces with sink unit inset.
Space and plumbing for automatic washing machine. Electric cooker point with hood
over. Night storage heater.

Bedroom 1
Window to rear. Night storage heater. Laminate floor.

Shower room
Electric shower in tiled and glazed cubicle. Wash hand basin. WC. Tiled floor. Heated towel rail

Attic bedroom 2
Dormer window to front. Night storage heater. Airing cupboard with instant hot water heater.




Kitchen
White wall units and light wood base units. Electric cooker point with cooker hood over. Space and plumbing for automatic washing machine.

Bedroom 2
Window to rear. Laminate floor. Night storage heater.

Shower room
Electric shower in tiled and glazed cubicle. Wash hand basin. WC. Extractor fan. Shaver point and light.

Attic Bedroom 2
Dormer window to front. Airing cupboard with hot water cylinder and immersion heater. Night storage heater.

Flat E - first and second floors

Hallway
Stairs rise to second floor. Night storage heater. Laminate floor.

Living room
Window to front. Laminate floor. Night storage heater. TV Point.

Kitchen
Matching range of wall and base units. Rolled edge work surfaces with sink unit inset. Space and plumbing for automatic washing machine. Electric cooker point with hood over. Night storage heater.

Bedroom 1
Window to rear. Night storage heater. Laminate floor.

Shower room
Electric shower in tiled and glazed cubicle. Wash hand basin. WC. Tiled floor. Night storage heater.

Attic bedroom 2
Dormer window to front. Night storage heater.

Bathroom
Bath. Wash hand basin. WC. Night storage heater.


Agents Note
Please note there is no flat C

TENANTS PRIVACY
Please remember that these are all let and being sold with the tenants in situ. Please respect the tenants privcay and arrange to view only via the agents.

Directions
Proceed up the main street in Chard and just after Superdrug and the crossing turn left into Holyrood Street. Number 72 is on the right hand side.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Property Features

  • Converted shop and upper floors
  • Current income £25,668 PA 6.5% return gross
  • Cellar used as storage
  • Let as 4 separate flats over 3 floors
  • For sale as a FREEHOLD

More Information

Floor Plan