Whittlesey Road
Thorney, PE6

£240,000 Guide price
444
jonathan brewell
Market Deeping Office
Jonathan Brewell
  • 3 Bridge Foot,
    Market Deeping, PE6 8AA
  • Sales and Lettings: 01778 345978
Call Us 01778 345978

Features

  • Freehold investment opportunity
  • Grade II listed building
  • Four self contained one bedroom apartments
  • Potential to increase yield
  • Would suit serviced accommodation
  • Viewing strictly by appointment
  • Council Tax Band: A

Description

Tenure: Freehold

FREEHOLD INVESTMENT OPPORTUNITY. Grade II listed block of four, one bedroom self contained apartments. Currently fully let but with rents below market value. There is plenty of scope to improve on the current yield by increasing the rents or by switching to serviced accommodation. Please see further information for current yields and EPC's. Viewing is strictly by appointment only for buyers with cash or with funding in place. 

EPC rating: C. Council tax band: A, Tenure: Freehold,

Images

The images are of Flat 4 on the ground floor which let in April 2024 on a 12 month AST at £550 per month. Other flats are of a similar size but may vary in condition.

Currently let

Currently let on assured short hold tenancy agreements.

Flat 1 on a rolling contract: £300 pcm EPC rating C

Flat 2 on a rolling contract: £380 pcm EPC rating unknown

Flat 3 on a rolling contract: £400 pcm EPC rating C

Flat 4 tenancy ends on the 9th April 2025: £550 pcm EPC rating D

Disclaimer

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Newton Fallowell Market Deeping nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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