Brand New Construction.
Opportunity to purchase an unbroken, Freehold residential block comprising 7 apartments located over three storeys. Further development potential to add a fourth storey and create two more apartments.
Potential annual rental income of circa £200,000 providing a 5.5-6% yield.
Building contains:
– Flat 1- 3 bedroom (787.38 sqft) ground floor garden apartment with separate entrance and private rear garden.
– Flat 2- 1 bedroom (825.05 sqft) ground floor garden apartment with separate entrance and private rear garden.
– Flat 3 – 1 bedroom (533.24 sqft) First floor with terrace.
– Flat 4- 2 bedroom (644.33 sqft)First floor with terrace.
– Flat 5- 2 bedroom (641.24 sqft) First floor with balcony.
– Flat 6- 1 bedroom (462.31) Second floor with 2 balconies.
– Flat 7- 2 bedroom (662.95 sqft) Second floor with 2 balconies.
Characteristics:
– Underfloor heating
– High spec German kitchens (Rotpunkt)
– High spec bathrooms (Hansgrohe)
– MVHR to all apartments (ventilation system)
– Secure allocated parking with electric charging points
– CCTV and video entry phone system