7 bedroom block of apartments for sale

Northwood are delighted to offer the Freehold of this beautiful double fronted Georgian house to market. The house which is grade II listed, has been sympathetically converted to five 1 bedroom and one 2 bedroom self-contained apartment arranged over three floors. The gated garden to the front, south facing, manicured lawn sets the high standard that continues throughout the house.The mid terraced house can be found on the private road just a small walk away from the sea front, promenade and outdoor Jubilee Swimming Pool. The town centre with its variety shops, bars and restaurants, can also comfortably be reached on foot.The property itself benefits from a number of period features, large windows creating light, airy and comfortable accommodation. This property offers style, convenience and tranquillity.The six apartments are a made up of two 2 bedroom and four 1 bedroom set over three floors. All the apartments are currently tenanted making this a ready-made investment opportunity.Each apartment benefits from stunning sea views, electric heating (except basement apartment which has gas central heating), parking, and access to a communal garden and a shared laundry room.The parking area to the front of house has six parking spaces and also three, single garages, two of which are currently rented out thus generating additional income.
The property is in good condition and has the potential to generate a gross yield of 9% based on optimal rents (further details available upon request).This is not just an opportunity to purchase a stunning building, but is also a viable business opportunity with a ready-made income.These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans (if included) exactly to scale. These details do not constitute part of any offer or contract and are not to be relied upon as statements of representation or fact. Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative. Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor. Northwood have not tested any apparatus, equipment, fixtures or services so cannot confirm that they are in working order and the property is sold on this basis. EPC rating: D. Tenure: Freehold,