Studio flat for sale

A unique opportunity to acquire this unbroken freehold Victorian building in the heart of Bromley Town Centre, which currently houses 6x studio apartments, all of which are above 300sqft. The apartments are fully let at £6425pcm/£77,100pa on 12-month assured shorthold tenancies, with an ERV of c.£7,200pcm/86,400pa. The building is fully compliant as per the further information, and all flats and communal areas have EICR electrical certificates. There are separated services for electricity and water which tenants pay directly to the supplier. There are separate electricity meters for each flat that are located in the communal hallway. All flats have EPC 'E' ratings with potential to increase to C. There is further potential to create value by extending the rear of the building to either add further units for an increased rent roll or to add further capital value by converting some of the existing units into larger 2/3 bedroom flats (subject to planning permission).