Property description
A purpose built detached property containing three, one bedroom flats and one studio apartment. Generating a healthy income. Popular village location. Would suit an investor. EPC:C
DESCRIPTION Riverside Cottage is a purpose built detached property containing three, one bedroom flats and one studio apartment. The property generated a gross income of £22,200 in 2015.
FLAT 1 A one bedroom, ground floor flat. The flat comprises: a spacious entrance hall, shower room with shower cubicle, WC and basin, sitting room with front aspect, feature stone wall with fireplace and laminate flooring. The double bedroom has laminate flooring and French windows leading out to the small rear riverside garden. Accessed from the entrance hall, the kitchen is a good size and benefits from light wood effect cupboards providing ample storage, ceramic hob, electric oven, space for a fridge freezer, plumbing for a washing machine and a tiled floor. This flat generated a gross income of £5820 in 2015.
FLAT 2 A one bedroom ground floor flat. The flat comprises: an entrance hall, shower room with shower cubicle, WC and basin, sitting room with front aspect, feature stone fireplace and laminate flooring. The double bedroom has laminate flooring and a door leading out to the gravelled rear riverside garden. Off the entrance hall, the kitchen is has white cupboards providing ample storage, ceramic hob, electric oven, space for a fridge, plumbing for a washing machine and a tiled floor. This flat generated a gross income of £5580 in 2015.
FLAT 3 A one bedroom, first floor flat. The flat comprises: an spacious entrance hall, bathroom with WC, bidet, basin and bath. The sitting room is a good size with front aspect. The double bedroom also has a front aspect. Accessed from the entrance hall, is a large boiler cupboard. The kitchen is a good size and benefits from ample cupboards, ceramic hob, electric oven, space for a fridge freezer and plumbing for a washing machine. This flat generated a gross income of £5940 in 2015.
FLAT 4 A first floor studio apartment. The property comprises; a large bed/sitting room with front aspect and large wardrobe/store cupboard. A door leads through to the kitchen which has an electric oven and hob and a view over the River Axe. Off the kitchen is a shower room with WC, basin and shower cubicle with Mira shower. This Studio apartment generated a gross income of £4860 in 2015.
OUTSIDE To the front of the property is a tarmacked area with parking for 4/5 vehicles. To the rear of the property is an area of garden used by flat\‘s 1 & 2 which runs adjacent to the River Axe.
LOCATION Wookey is situated approximately 1 1/2 miles west of the historic cathedral city of Wells. There are three public houses, a primary school, a village hall and \‘Wookey Hub\‘ shop and Café.
Wells is the smallest cathedral city in England. It caters for most everyday needs, offering good shopping facilities as well as restaurants and pubs, a cinema, churches of most denominations, together with open-air markets on Wednesdays and Saturdays.
Schools are plentiful with the Cathedral School, the Blue School and a choice of primary schools in Wells, Millfield School in Street and Downside school in Stratton-on-the-Fosse are easily accessible.
There are good road connections to Bristol, Bath, the motorway system and Bristol Airport, with rail links from Castle Cary (about 20 minutes drive away) to London Paddington.
Sporting facilities in the area include racing at Wincanton and Bath, golf at Wells and near Oakhill, sailing or fishing at Chew Valley and Blagdon lakes. In addition, there is a Leisure Centre in Wells offering a variety of recreational facilities.
TENURE Freehold
SERVICES Mains drainage, water and electricity are all connected
HEATING Oil fired central heating
LOCAL AUTHORITY Mendip District Council, Cannards Grave Road, Shepton Mallet. BA4 5BT
COUNCIL TAX Whole property - Band \‘G\‘
EPC RATING Flat 1 - Rating \‘C\‘
Flat 2 - Rating \‘C\‘
Flat 3 - Rating \‘C\‘
Flat 4 - Rating \‘C\‘
VIEWING Strictly by appointment with Cooper and Tanner. Tel: 01749 676524
DIRECTIONS From Wells take the B3139 to Wookey. Upon entering the village take the second turning on the right into Preywater Road. Then take the Second left into Holmlea (higher numbers) and follow the road bearing right into Axe Road. The property can be found immediately in front of you.
Property Features :
- Four Letting units
- Three one bedroom flats
- One Studio apartment
- Riverside gardens to ground floor flats
- Investment opportunity