Great Investment opportunity!!! Four flats , 3 Newly refurbished 3 tenanted on the the ever growing popular Northdown Road, with the potential for off road parking. The property is in good condition through out and consist of 1 bedroom basement flat with own entrance,1 bedroom 1st floor which is light and airy 2nd floor 1 bedroom which is the same and the top 2 floors is a spacious bright 3/4 double bedroom flat with 1/2 reception rooms,
All flats have access to the Fire escape and has a modern fire alarm system installed with emergency lighting. Northdown Road is fast becoming an ''IN'' place with its plethora of new shops, businesses , bars opening. its all happening now so be part of the new exciting buzzing action! call Springer Homes to view this great buy.
A block of 4 flats comprising,
Flat 1 - 1 bedroom self contained flat currently let out. @ £350 pcm
Flat 2 - 1 bedroom self contained ground floor flat currently let @ £475 pcm
Flat 3 - Large self contained 1 bedroom flat. currently empty
Flat 4 - Large self contained 3 bedroom / 2 reception maisonette. Tenants moving in shortly @ £775 pcm
Flat 1 is a basement flat with its own entry door, Flats 2, 3 & 4 are via the main front door and communal stairwell
The property benefits from a rear fire escape.
This would make an ideal investment opportunity as has Potential rental income of over £35k per year
Planning permission accepted to re-instate the balcony to the front.