Ref: 18353185

Fantastic investment opportunity. A ready made, hands off investment, currently let and achieving £156,000 p/a let to Social Housing on a 7 year lease from September 2020.

These are individual studio flats, not a HMO and planning has been granted for 30 separate units. (Class C3)

Planning

Application Number: 2017/07328/PA

Description

The property comprises a block of 30 residential units as follows:

Accommodation

Studio 1 13.3sq/m 143 sq/f

Studio 2 14.6sq/m 157 sq/f

Studio 3 18.3sq/m 197 sq/f

Studio 4 17.5sq/m 188 sq/f

Studio 5 17.2sq/m 185 sq/f

Studio 6 16.6sq/m 178 sq/f

Studio 7 16.6sq/m 178 sq/f

Studio 8 13.7sq/m 147 sq/f

Studio 9 15.8sq/m 170 sq/f

Studio 10 14.8sq/m 159 sq/f

Studio 11 15.4sq/m 165 sq/f

Studio 12 15.7sq/m 169 sq/f

Studio 13 16.5sq/m 177 sq/f

Studio 14 15.2sq/m 163 sq/f

Studio 15 18.5sq/m 199 sq/f

Studio 16 13.6sq/m 146 sq/f

Studio 17 13.7sq/m 147 sq/f

Studio 18 14.0sq/m 150 sq/f

Studio 19 13.0sq/m 140 sq/f

Studio 20 16.0sq/m 172 sq/f

Studio 21 14.5sq/m 156 sq/f

Studio 22 16.2sq/m 174 sq/f

Studio 23 18.2sq/m 196 sq/f

Studio 24 16.4sq/m 176 sq/f

Studio 25 15.7sq/m 169 sq/f

Studio 26 13.0sq/m 140 sq/f

Studio 27 15.5sq/m 166 sq/f

Studio 28 13.3sq/m 143 sq/f

Studio 29 14.2sq/m 152 sq/f

Studio 30 13.1sq/m 140 sq/f

Additional office space to the rear with WC & kitchen facilities (approx 800 SQFT)

Buyers Fee

This property is subject to a buyers premium fee (1.8%)

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;

6: No persons in the employment of The OPA has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale

Misrepresentation Act 1967: The OPA for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.