Property description
A detached freehold INVESTMENT PROPERTY comprising FOUR Self Contained Flats (two vacant at the time of brochure preparation)
Accommodation
A detached freehold investment property comprising four self contained flats (two vacant at the time of brochure preparation) together with a brick office, garage/service building and tow caravans that have historical letting use.The property is situate towards the northern part of the resort and is of conventional construction. The accommodation provides as follows:-
Communal Entrance Porch and Hall
Flat 1 (Ground Floor)
Comprising Open Plan Living Kitchen 7.4m x 4.7m (max) approx. Bedroom 2.7m x 2.6 m approx. Lobby. Bathroom with white 3 piece suite.
Flat 2 (Ground Floor)
Lounge 3.8m x 3.6m approx with archway to; Kitchen Diner 4.6m x 3.6m. Bedroom 3.1m x 2.3m approx. Bathroom having white 3 piece suite.
Flat 3 (First and Second Floor)
Comprising Open Plan Living Kitchen 7.4m x 3.5m approx. Front Bedroom 3.6m x 2.4m approx. Rear Bedroom 3.6m x 2.2m approx. Bathroom having white 3 piece suite.
Flat 4 (First and Second Floor)
Comprising Open Plan Living Kitchen 7.4m x 2.7m. Shower Room having shower cubicle, washbasin and wc. Front Bedroom 3.6m x 2.4m approx. Rear Bedroom 3.6m x 2.2m approx.
General Information
At the time of preparing this brochure flats 2 and 4 are vacant. Flats 1 and 3 are occupied, subject to shorthold tenancy agreement and producing a combined annual rental of £7,680. The potential gross rent can be assessed in the region of £12,000 per annum (including potential income for the two caravan rentals.
Each of the flats are individually serviced.
Outside
There is a side lawned area with ample space for car parking etc and there are two sited caravans each modified for permanent occupation. They have been separately assessed for Council Tax purposes. Nearby is a brick built office used by the property proprietors as originally the flats were used for seasonal holiday purposes. Beyond is an outbuilding of double garage size for vehicle/service.
Directions
From our office in Victoria Road turn right and continue to the end, at the traffic lights turn right and follow the road to the seafront, turn left and continue along this road past the cinema and then take the turning on the left into Links Avenue where number 8 can be found on the right hand side.
Viewing
It must be understood that due to two flats being occupied adequate notice to view is essential and appointments must be made via the office of the selling agent. Willsons Estate Agents 01507 478297.
Price
Offers in excess of £110,000 are invited.
Property Features :
- Freehold Investment Property
- Four Self Contained Flats
- Two Flats Occupied on Shorthold Tenancy Agreements
- Garage, Brick Built Office
- Service Building