Investment opportunity to purchase two well presented self contained flats set over three floors currently with tenant and owner / occupier in situ. Located in the highly popular South Wigston the property is being sold ideally as an ongoing concern. The accommodation comprises a ground floor one bedroom flat and a first floor two bedroom duplex flat. Potential rental income will be £16,200.00 combined for the accommodation (Approximately Per Annum) with an additional revenue income from two garages currently rented in the rear block at £1680.00 (Approximately Per Annum) giving an investment yield of 7%. For further details contact Phillips George Ltd.
Investment opportunity to purchase two well presented self contained flats set over three floors currently with tenant and owner / occupier in situ. Located in the highly popular South Wigston the property is being sold ideally as an ongoing concern. The accommodation comprises a ground floor one bedroom flat and a first floor two bedroom duplex flat. Potential rental income will be £16,200.00 combined for the accommodation (Approximately Per Annum) with an additional revenue income from two garages currently rented in the rear block at £1680.00 (Approximately Per Annum) giving an investment yield of 7%. For further details contact Phillips George Ltd.
GROUND FLOOR FLAT
ENTRANCE HALL Entrance via rear of the property to main entrance hallway.
LIVING ROOM 15′ 0" x 11′ 2" (4.57m x 3.4m) Bay window to the front elevation, carpeted flooring, radiator.
KITCHEN/DINER 12′ 5" x 10′ 11" (3.78m x 3.33m) Fitted kitchen with combi gas central heating boiler.
BEDROOM 11′ 3" x 8′ 5" (3.43m x 2.57m) Window to the side elevation, carpeted flooring, radiator.
BATHROOM Bath with shower and glass screen over, low level flush W.C, wash basin, opaque window to the side elevation.
GARAGE Garage located in rear block.
FIRST FLOOR FLAT
ENTRANCE Entrance via main hallway to the front elevation and stairs rising to flat.
LIVING ROOM 14′ 0" x 12′ 7" (4.27m x 3.84m) Bay window to the front elevation, carpeted flooring, radiator.
KITCHEN 11′ 9" x 8′ 3" (3.58m x 2.51m) Fitted kitchen with a range of stylish wall and base units, Window to the rear elevation.
SHOWER ROOM Comprising a three piece suite, shower cubicle, low level flush W.C, wash basin.
BEDROOM TWO 12′ 6" x 8′ 6" (3.81m x 2.59m) Window to the rear elevation, carpeted flooring, radiator.
FURTHER LANDING Stairs rising to third floor.
MASTER BEDROOM 13′ 4" x 13′ 1" (4.06m x 3.99m) Window to the front elevation, carpeted flooring, radiator.
STORAGE Large storage cupboard located to rear.
GARAGE Garage located in rear block.
SUMMARY SALES DETAILS – Price : £250,000
– Tenure : Freehold
– Length of lease : N/A
– Annual ground rent amount : N/A
– Ground rent review period : N/A
– Annual service charge amount : N/A
– Service charge review period : N/A
– Council tax band : A
THINKING OF SELLING? We would be delighted to provide you with a free market appraisal/valuation of your own property. Please contact Phillips George to arrange a convenient appointment on 01162168178.
BUYING TO LET? Phillips George are expert, ARLA qualified letting agents with experience of all kinds of rental property across city and county. Should you need a rental valuation for your new property or on any of your existing portfolio, or simply want some advice on the current rental market, call us now on 01162168178.
DISCLAIMER & IMPORTANT INFORMATION Phillips George Sales & Lettings for themselves and the vendors of this property whose agents they are, give notice that these particulars are not to be relied upon as a statement or representation of fact and do not constitute any part of an offer or a contract. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each and any statements contained in these particulars. The vendors do not make or give and neither do Phillips George Sales & Lettings (nor any person in their employment) have authority to make any representation or warranty whatsoever in relation to the property.
None of the services, systems or appliances listed or shown in this specification have been tested by us and no guarantee as to their operating ability or efficiency is given. All floorplans and dimensions have been provided as a guide for prospective buyers only, and should not be relied on as a true representation.
Current money laundering regulations require us to confirm proof of identity and residency of anyone intending to purchase. We ask for your co-operation in providing the necessary documentation in order to avoid delays in agreeing the sale.