Lot 5: FREEHOLD BLOCK OF SIX FLATS

Sold £200,000

A block of six flats, arranged as two one-bedroom flats and four studios, located within close proximity to Castle Street and the main town centre. Four of the flats are currently let at £15,600 per annum. When fully let it is expected to achieve £22,800 per annum.

Basement Flat

Private entrance, living room/kitchen, bedroom and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy from 1st September 2018 for one year at a current rental of £400 per calendar month

Flat 1

Bedroom/living room/kitchen and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £275 per calendar month.

Flat 2

Living room/bedroom/kitchen and bathroom with W.C.

Tenancy

Currently vacant. The flat has an estimated rental of £325 per calendar month.

Flat 3

Living room/bedroom/kitchen and bathroom with W.C.

Tenancy

Currently vacant. The flat has an estimated rental of £275 per calendar month.

Flat 4

Living room/bedroom/kitchen and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £250 per calendar month.

Flat 5

Living room, kitchen, bedroom and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £375 per calendar month.

Residential EPC: D