Property description
Built around 1900. Originally a manse, our client acquired the premises 20 years ago and completely renovated the premises from a two storey semi detached villa into multi let residential apartments.
The property is constructed of principally solid sandstone with rear projection of the rendered brick with a pitched timber framed roof.
The property is served with combination gas fired central heating system with radiators in all main apartments.
The accommodation comprises of 7 dwellings with shared/common kitchen and bathroom facilities over the two levels.
The premises have been impeccably maintained with all windows replaced in the past 18 months at a cost of £10,000 and satisfy all necessary health and safety regulations for HMO multi occupation standards.
Business: The property is being marketed as a going concern and further information on projected income is available on request.
The apartments are let on all inclusive weekly or monthly rental licence agreements averaging between 80% - 100% occupancy over the past 24 months. (Profit and Loss accounts are available upon request)
The Premises satisfy the councils multi let occupancy requirements and meet all necessary health and safety regulations.
The properties ownership also includes approx 0.5 acre of garden ground to the rear of the premises.
There is a potential scope and space for further extension to the existing property or creation of a double driveway which again could be income generating based on the serious lack off street parking in the immediate area.
Completely renovated premises from a two storey semi detached villa into multi let residential apartments.
Lounge | 12'9\" x 10'2\" (3.89m x 3.1m).
|
Kitchen | 10'6\" x 10'1\" (3.2m x 3.07m).
|
Bathroom | 4'5\" x 10'1\" (1.35m x 3.07m).
|
Bedroom Four | 13'1\" x 14'6\" (3.99m x 4.42m).
|
Bedroom Five | 12'3\" x 12'9\" (3.73m x 3.89m).
|
Bedroom One | 12'9\" x 15'2\" (3.89m x 4.62m).
|
Bedroom Two | 12'3\" x 12'9\" (3.73m x 3.89m).
|
Bedrom Three | 13'1\" x 14'6\" (3.99m x 4.42m).
|
Bathroom | 4'5\" x 10'1\" (1.35m x 3.07m).
|
Image of neighbourhood