Description
An excellent opportunity to acquire a freehold residential investment comprising a detached, two-storey period building converted into six self-contained flats, located in the highly desirable area of Bishops Waltham.
The building is of cavity brick construction beneath a pitched, tiled roof, with sections of tile hanging to the front, rear and flank elevations.
The property has been extended over time to include a mix of single and two-storey additions, all in keeping with the original style and constructed with matching materials.
All flats benefit from uPVC double-glazed windows. The property originally dates from the early 1900s, combining period character with later improvements and extensions.
Current passing rent £37,500 per annum creating a Gross Initial Yield of 6.52%. Estimated Rental Value £38,400 per annum.
Location
An excellent opportunity to acquire a freehold residential investment comprising a detached, two-storey period building converted into eight self-contained flats, located in the highly desirable area of Bishops Waltham.
The building is of cavity brick construction beneath a pitched, tiled roof, with sections of tile hanging to the front, rear and flank elevations.
The property has been extended over time to include a mix of single and two-storey additions, all in keeping with the original style and constructed with matching materials.
All flats benefit from uPVC double-glazed windows. The property originally dates from the early 1900s, combining period character with later improvements and extensions.