Investment For Sale, Southampton
4 photos
Property ID: 153384
£575,000 Freehold
The Avenue, Southampton, SO32 1BN
Type
Investment
Status
Available
Size
277 - 1,817 sq ft
Key Features
- 168.87 Sq. m (1,818 Sq. ft)
- Four self-contained residential flats situated within a two-storey building originally dating from early 1900s but with subsequent extensions
- Flats 1, 2, 3 and 6 are included in the sale, subject to existing ASTs
- Flats 4 & 5 have been sold off by way of separate long leaseholds
Property Details
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.
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
Hellier Langston
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Property ID: 153384
Investment For Sale, Southampton
£575,000 Freehold
The Avenue, Southampton, SO32 1BN
Hellier Langston
View all properties
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Hellier Langston
