Lot 114: FREEHOLD BUILDING COMPRISING FIVE FLATS FOR INVESTMENT

Guide Price £300,000+ *
59 & 60 Monkton Street,
Ryde,
Isle Of Wight. PO33 2BB

Currently let at £25,920 per annum

Viewing by arrangement with Clive Emson Auctioneers

01489 564606

Rob Marchant/Mike Marchant

Situated in a popular residential road, a short walk from Ryde’s, St John's Road railway station, this detached freehold building is arranged as five flats and considered ideal for addition to a lettings portfolio.

Two of the flats offer two bedroom accommodation, while the remaining three flats have one bedroom each, and all of the flats are, at present, let on Assured Shorthold Tenancies.

Ground Floor

Flat A

Entrance hall, living room, kitchen, two bedrooms and bathroom with W.C.

Tenancy

Holding over under the terms of an Assured Shorthold Tenancy, from 12th August 2010, at a current rental of £470 per calendar month.

Flat D

Entrance hall, living room, kitchen, bedroom and shower room with W.C.

Tenancy

Holding over under the terms of an Assured Shorthold Tenancy, from 3rd December 2014, at a current rental of £420 per calendar month.

Flat E

Entrance hall, living room, kitchen, bedroom and shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy, from 6th December 2016, at a current rental of £425 per calendar month.

First Floor

Flat B

Entrance hall, living room, kitchen, two bedrooms, shower room (no W.C.) and cloakroom with W.C.

Tenancy

Holding over under the terms of an Assured Shorthold Tenancy, from 3rd April 2015, at a current rental of £450 per calendar month.

Flat C

Entrance hall, living room, kitchen, inner hall, bedroom and shower room with W.C.

Tenancy

Holding over under the terms of an Assured Shorthold Tenancy, from 25th July 2005, at a current rental of £395 per calendar month.

Outside

Communal gardens to front and rear.

Residential EPC: E

Map

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