Flats 1, 2, 3 & 6 Avenue Court

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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.
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Details

Location:

Flats 1, 2, 3 & 6 Avenue Court The Avenue
Bishops Waltham
Southampton

Type:

Investment

Size:

277 - 1,817 sqft

Category:

For Sale

Price:

£575,000

Under offer:

No

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Patrick Mattison
Patrick Mattison

BSc. (Hons) MRICS

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