High Income Investment Opportunity
Situated within the heart of Southampton City Centre, minutes walking distance from Bedford Place and in close proximity to West Quay and Southampton Train Station is this high yielding investment opportunity. The property is separated into four, one bedroom flats, a studio flat and a two bedroom flat. The building is currently achieving an income of £43,800 per year. The current owner has owned the property for thirteen years and has been able to keep all flats r...
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High Income Investment Opportunity
Situated within the heart of Southampton City Centre, minutes walking distance from Bedford Place and in close proximity to West Quay and Southampton Train Station is this high yielding investment opportunity. The property is separated into four, one bedroom flats, a studio flat and a two bedroom flat. The building is currently achieving an income of £43,800 per year. The current owner has owned the property for thirteen years and has been able to keep all flats rented out during this period and are all currently Let. To make the yielding even better the current owners have self managed the maintenance of the building.
FLAT ONE
OPEN PLAN KITCHEN/LIVING ROOM
Partially carpet flooring with tiled flooring in the kitchen area. Matching wall and base units with worktop over. Sink/drainer. Electric oven. Gas hob. Smooth walls and ceiling. Double glazed windows to front aspect. Worcester combination boiler. Radiator.
BEDROOM
Carpet flooring. Double glazed windows to rear aspect. Smooth walls and ceiling. Multiple electrical sockets. Radiator.
SHOWER ROOM
Laminate flooring. Shower cubicle with folding glass door, ceramic pedestal wash basin and low level w.c. Tiling to principal areas. Extractor Fan. Heated towel rail.
FLAT TWO
OPEN PLAN KITCHEN/LIVING ROOM
Laminate flooring. Matching wall and base units with worktop over. Sink/drainer. Electric oven. Gas hob. Smooth walls and ceiling. Double glazed windows to side aspect. Radiator.
BEDROOM
Carpet flooring. Double glazed windows to side aspect. Smooth walls and ceiling. Multiple electrical sockets. Radiator. Worcester combination boiler.
BATHROOM
Carpet flooring. Obscured double glazed windows to rear aspect. Panelled bath with shower over, ceramic pedestal wash basin and low level w.c. Smooth walls and ceiling. Tiling to principal areas. Radiator. Extractor fan.
FLAT THREE
OPEN PLAN KITCHEN/LIVING ROOM
Laminate flooring. Matching wall and base units with worktop over. Sink/drainer. Electric cooker. Smooth walls and ceiling. Double glazed windows to front aspect. Radiator.
BEDROOM
Carpet flooring. Double glazed windows to rear aspect. Smooth walls and ceiling. Multiple electrical sockets. Radiator. Worcester combination boiler. Built-in wardrobe.
BATHROOM
Laminate flooring. Panelled bath with shower over and screen, ceramic pedestal wash basin and ow level w.c. Smooth walls and ceiling. Tiling to principal areas. Radiator. Extractor fan.
FLAT FOUR
OPEN PLAN KITCHEN/LIVING ROOM
Laminate flooring. Matching wall and base units with worktop over. Sink/drainer. Electric oven. Gas hob. Smooth walls and ceiling. Double glazed windows to front aspect. Radiator. Multiple electrical sockets. Worcester combination boiler.
BATHROOM
Laminate flooring. Panelled bath with shower over and screen, ceramic pedestal wash basin and low level w.c. Smooth walls and ceiling. Tiling to principal areas. Obscured double glazed windows to side aspect. Radiator. Extractor fan.
FLAT FIVE
Partially carpet flooring with tiled flooring in the kitchen area. Matching wall and base units with worktop over. Sink/drainer. Electric cooker. Smooth walls and ceiling. Double glazed windows to front aspect. Worcester combination boiler. Radiator.
BEDROOM
Carpet flooring. Double glazed windows to rear aspect. Smooth walls and ceiling. Multiple electrical sockets. Radiator. Worcester combination boiler. Built in wardrobe.
BATHROOM
Laminate flooring. Panelled bath with shower over and screen, ceramic pedestal wash basin and low level w.c. Smooth walls and ceiling. Tiling to principal areas. Radiator. Extractor fan.
FLAT SIX
ENTRANCE HALLWAY
Carpet flooring. Doors leading to living room, bathroom and bedroom. Access to loft via hatch.
LIVING ROOM
Carpet flooring. Doors leading to kitchen and bedroom. Double glazed windows to front aspect. Multiple electrical sockets. Radiator.
KITCHEN
Vinyl flooring. Matching wall and base units with worktop over. Electric oven and hob. Multiple electrical sockets.
BEDROOM ONE
Carpet flooring. Double glazed windows to rear aspect. Smooth walls textured ceiling. Multiple electrical sockets. Radiator. Worcester combination boiler. Built in wardrobe.
BEDROOM TWO
Carpet flooring. Double glazed windows to front aspect. Smooth walls textured ceiling. Radiator.
BATHROOM
Vinyl flooring. Panelled bath with shower over and screen, ceramic pedestal wash basin and low level w.c. Smooth walls and ceiling. Tiling to principal areas. Radiator. Extractor fan.
COUNCIL TAX
BAND: A
CHARGE: £1,231.13
YEAR: 2020/2021
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