An exceptional opportunity to acquire a a block of flats and a development plot for investment. Comprising 7 one bedroom apartments and a build plot for three, 4 bedroom town house dwellings. Located a short distance from the town centre and mainline station. Currently six of the one bedroom flats have shorthold tenancies, one flat is vacant possession. Allocated parking spaces. The building offers gas central heating and double glazing. The building consists of 8 flats in total whereby one flat was sold a few years ago as a leasehold flat. Lease 999 years as at 1st January, 2016. A Management company is set up to provide maintenance of the building.
EPC's Individual EPC's for each apartment are 'C' rating
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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