£575,000

Town house for sale

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Freehold

£575,000

(£2,075.81/sq. ft)

Town house for sale

Flats 1, 2, 3 & 6 Avenue Court, The Avenue, Bishops Waltham, Southampton SO32

From 277 - 1,817 sq. ft

Local area information

Property location

Nearby amenities

  • Bishops Waltham Infant School 0.9 miles
  • Bishop's Waltham Junior School 0.9 miles
  • Botley 3.1 miles
  • Hedge End 3.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • 168.87 Sq. M (1,818 Sq. Ft)
  • Four self-contained residential flats situated within a two-storey building originally dating from early 1900s but with subsequent extensions
  • Flats 1,2,3 and 6 are included in the sale, subject to existing ASTs
  • Flats 4 & 5 have been sold off by way of separate long leaseholds
  • Passing rent £37,500 per annum
  • Estimated Rental Value £38,400 per annum
  • 6.52% Gross Initial Yield
Description

An excellent opportunity to acquire a freehold residential investment comprising a detached, two-storey period building converted into six self-contained flats, located in the highly desirable area of Bishops Waltham.

The building is of cavity brick construction beneath a pitched, tiled roof, with sections of tile hanging to the front, rear and flank elevations.

The property has been extended over time to include a mix of single and two-storey additions, all in keeping with the original style and constructed with matching materials.

All flats benefit from uPVC double-glazed windows. The property originally dates from the early 1900s, combining period character with later improvements and extensions.

Current passing rent £37,500 per annum creating a Gross Initial Yield of 6.52%. Estimated Rental Value £38,400 per annum.

Location

An excellent opportunity to acquire a freehold residential investment comprising a detached, two-storey period building converted into eight self-contained flats, located in the highly desirable area of Bishops Waltham.

The building is of cavity brick construction beneath a pitched, tiled roof, with sections of tile hanging to the front, rear and flank elevations.

The property has been extended over time to include a mix of single and two-storey additions, all in keeping with the original style and constructed with matching materials.

All flats benefit from uPVC double-glazed windows. The property originally dates from the early 1900s, combining period character with later improvements and extensions.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Hellier Langston Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hellier Langston Limited for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Southampton
  4. Bishops Waltham
  5. The Avenue