Semi-detached house
A residential investment, consisting of 16 bedsitting rooms over two semi detached properties with shared facilities. Standing back from the road behind a short foregarden, there are two driveways for off-road parking.
The majority of the rooms are let on Assured Shorthold Tenancies.
Entrance Hall, Bedsitting Room 1, Bathroom/WC, Bedsitting Room 2, WC, Fire Exit, Common Lounge, Access to Cellar, Lobby and Shared Kitchen.
Landing, Bedsitting Rooms 3 and 4, WC, Bedsitting Room 5, Bedsitting Room 6 with Ensuite Shower Room, Bathroom.
Landing, Bedsitting Rooms 7 and 8, Store and Shared Kitchen.
Hall, Bedsitting Room 1, WC, Bedsitting Room 2, Bathroom, Shared Kitchen, Utility Room, Common Room and Further Shared Kitchen.
Landing, Bedsitting Room 3, WC, Shower Room, Bedsitting Room 4 with Ensuite Shower Room, Bedsitting Room 5, Bedsitting Room with Ensuite Shower Room.
Landing, Bedsitting Rooms 7 and 8, Bathroom and Store.
Front & Rear Gardens with Side Driveway and Rear Access offering some off-road parking.
The property has the benefit of gas fired central heating and the majority of the windows are UPVC double glazed units.
We understand that the property is Freehold and is being sold subject to the existing tenancies.
See table for details.
Total Current Income: £62,820.00 with Potential to increase to the income of £71,520.
Current retail income includes all outgoings i.e. gas, electric, water etc.
1.The Auctioneers have had sight of the current tenancy agreements and these will be available for inspection within the legal pack.
2. At the time of going to print, the Auctioneers have not had the opportunity of inspecting all of the bedsitting rooms and the accommodation should not therefore be relied upon.
Strictly by arrangement with the Auctioneers.
Freehold. Subject to tenancy.
