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1 PALMERSTON HOUSE, THE BROADWAY, TOTLAND BAY, ISLE OF WIGHT, PO39 0AT Guide: £230,000 - £250,000




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SUBSTANTIAL TOWN CENTRE FREEHOLD RESIDENTIAL INVESTMENT

Currently Let At: £25,800 Per Annum

Totland is a popular residential area to the western end of the Isle of Wight and the property is situated close to all local amenities. The property is arranged as five flats, all currently let on Assured Shorthold Tenancy Agreements, and is considered ideal for continued letting use or potential re-sale into the local first time buyer market.

Ground Floor
Flat 1
Entrance hall, lounge, kitchen, bedroom, shower room/W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £392.32 per four week.

Flat 4
Studio room, kitchen and shower room with W.C.
Outside
Small courtyard and garden shed shared with Flat 5.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £304 per calendar month.

Flat 5
Lounge, kitchen, two bedrooms, bathroom/W.C.
Outside
Small courtyard, shared use of shed and parking space at the present.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £495 per calendar month.

First Floor
Flat 2
Kitchen, lounge, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £395 per calendar month.

Flat 3
Lounge, kitchen, two bedrooms and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £490 per calendar month.

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