Block of flats for sale in Shepton Road, Oakhill, Radstock BA3
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Property features
- To be offered on Thursday 9 May
- Of interest to investors.
- A terrace of four houses
- Plus a block of four apartments
- All let on Assured Shorthold Tenancies
- Current rent reserved £64,380 p.a.
Property description
Strapline
Auction Sale - 08/05/2024
Of interest to investors. Four houses and four apartments all let on Assured Shorthold Tenancies. Current rent reserved £64,380 p.a.
Description
The Cedars - The property comprises four terraced houses situated within the grounds of Halcyon Park for the over 55's. We understand that the property was originally built in 2008.Each unit is arranged over ground and first floor, with the first floor being built into the sloping roof.
The Elms - The property comprises a two storey block of four apartments situated within the grounds of Halcyon Park for the over 55's.
Location
The properties are located in Oakhill, Radstock, a village located approximately 2 miles north of Shepton Mallet in the Mendip district of Somerset. It lies between the A37 and the A367.The property is situated in the village centre within close proximity of local amenities.
Oakhill village comprises two churches, a primary school, hotel, village hall and a doctor’s surgery.
Shepton Mallet, a market town 2 miles to the south, comprises a wider range of shops, services and restaurants / takeaways.
Transport
Castle Cary Station - National Rail
Tenancy
Please refer to the Tenancy Table.
The Cedars - Currently producing £33,720 per annum
The Elms - Currently producing £30,660 per annum
Total current income: £64,380 per annum
Accommodation
The Cedars:
Each unit is of a good specification with a Double Bedroom, Living Room, Kitchen and Bathroom to the ground floor. The first floor comprises a Double Bedroom with En-suite Shower Room.
Surface level car parking is available on site for residents and visitors.
Landscaped gardens and long driveway.
The Elms:
Unit 1 is arranged over two storeys, whilst Units 2 - 4 are all ground floor apartments. Each unit is of a good specification with Two Bedrooms, Living Room, Kitchen and Bathroom to the ground floor.
Surface level car parking is available on site for residents and visitors.
Landscaped gardens and long driveway.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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