*** being sold as one lot *** Excellent investment opportunity - two apartments with 6% yield in the sought after village of Oakthorpe, near Measham. A self-contained building with traditional features such as beamed ceilings, housing two apartments both with two bedrooms and having had significant modernisation in recent years. Professional tenants are in situ and the current rents are returning a 6% yield on the full asking price of 185,000. Apartment 1 is on the ground floor and comprises an open plan living / kitchen area, a master bedroom and a second bedroom - both are generous in size and the property has a a family bathroom. Apartment 1 on the ground floor has dedicated off road parking for 2 cars. Apartment 2 on the first floor also has two bedrooms, a modernised family bathroom, a very spacious kitchen / diner and a living room.
*** Please note: Each apartment has a separate EPC - see Graphs below ***
From our Measham office, go north towards Ashby, over the roundabout and left at the lights into New St. After 2/3 of a mile you enter Oakthorpe & take first left into School St. Follow this road until you arrive at The Square & the property is on your left on the corner of Silver Street.
For general guidance only and not to scale.
The property benefits from electricity, water and drainage with electric heating.
Nw Leicestershire DC. Council tax band A.
Telephone Howland Jones ltd on .
24 hour contact
If you wish to discuss a viewing or an offer on a property marketed by Howland Jones Ltd outside of our usual opening times, please call to obtain access to the on-call colleague.
All dimensions are approximate.
The mention and reference to any fixtures and fittings and/or appliances does not imply they are in full efficient working order.
The internal photographs used in the marketing of this property are reproduced for general information and it cannot be inferred that any item shown is included in this sale.
The photographs used in this marketing have been reproduced by agreement from previous marketing.
Oakthorpe is a small village close to the heart of the National Forest and lies on the border of Leicestershire and Derbyshire. The village lies about 5 minutes from junction 11 of the M42 providing good access to the motorway network (M1, M6 & M69), making this base almost equidistant to Leicester, Derby, Birmingham and Nottingham.
Flats 1 & 2 - External:
Flat 1 has two off road parking spaces directly outside the front door of the property. Access is via a white UPVC double glazed front leading into the kitchen / lounge area.
Flat 1 - Lounge / Kitchen - 5.27m ( 17'4'') x 3.40m ( 11'2''):
Once inside Flat 1 on the ground floor, you will find a spacious open plan kitchen and living area. The kitchen area is fitted with a range of white wall and base fitted units with silver handles and a wood effect work surface. A stainless steel single sink and drainer with chrome taps. Free standing electric cooker. Electric heater. Two TV aerial points. Two UPVC double glazed windows. One ceiling light pendant point.
Flat 1 - Master Bedroom - 3.83m ( 12'7'') x 3.70m ( 12'2''):
A good sized master bedroom with a beamed ceiling and double glazed UPVC windows to two aspects. There is a single fitted wardobe with a hanging rail. One electric wall mounted heater and one ceiling light point.
Flat 1 - Bedroom 2 - 3.60m ( 11'10'') x 3.51m ( 11'7''):
A generous second bedroom with a beamed ceiling and one double glazed UPVC widow. A wall mounted electric heater and a thermostatic heating control panel. One ceiling light fitting point.
Flat 1 - Bathroom - 2.54m ( 8'4'') x 1.68m ( 5'7''):
A family bathroom with a three piece suite in white comprising; bath with wooden side panel, chrome mixer tap and an electric shower over, a pedestal wash basin with chrome taps and a low level WC with wooden seat and lid. Walls are part tiled in white around the bath and sand coloured splash back tiles to the sink. There is a wall mounted electric heater. One ceiling light fitting point and one double glazed UPVC window.
Flat 2 - Kitchen / Diner - 4.01m ( 13'2'') x 3.04m ( 10'0''):
In Flat 2 on the first floor, there is a large kitchen / dining area fitted with a range of wall and base units in white with chrome handles and a wood effect work surface with spaces for appliances under. Dark sand coloured ceramic tiles to the floor. A built in white electric oven and hob with extractor over. A stainless steel sink with chrome taps. A wall mounted electric heater. Two double glazed UPVC windows and one ceiling light fitting point.
Flat 2 - Lounge - 3.96m ( 13'0'') x 3.37m ( 11'1''):
Opposite the kitchen in Flat 2, there are steps down into the lounge which has a wall mounted electric heater, a double glazed UPVC window and one ceiling light fitting point.
Flat 2 - Master Bedroom - 3.95m ( 13'0'') x 3.70m ( 12'2''):
Flat 2 on first floor: A good sized master bedroom with a beamed ceiling, two double glazed UPVC windows. One wall mounted electric heater and one ceiling light fitting point.
Flat 2 - Bedroom 2 - 3.25m ( 10'8'') x 2.27m ( 7'6''):
Second bedroom with a beamed ceiling, one double glazed UPVC window, a wall mounted electric heater and one ceiling light fitting point.
Flat 2 - Bathroom - 3.25m ( 10'8'') x 1.54m ( 5'1''):
Flat 2 has a modernised family bathroom with a beamed ceiling and a white three piece suite comprising; bath with white wooden paneling, chrome taps and an electric shower over, a pedestal hand basin with chrome taps and a low level WC with wooden seat. Beige ceramic wall tiles around the bath, sink and WC area. Airing cupboard housing the hot water tank and shelves. Extractor fan. Wall mounted electric heater. One double glazed UPVC window with opaque courtesy glass.
Flat 2- Stairs & Landing:
Stairs from the hallway leading up to the first floor landing area with a wooden beamed ceiling, storage cupboard with fitted shelves, a light and two TV points. A telephone point. Access door and stairs up to the loft. One double glazed UPVC window. Two ceiling light fitting points.
Flat 2 - Entrance Hall:
Access to the property is via a private entrance into a ground floor hallway with stairs leading up to the first floor apartment. The walls are part wooden paneled to waist height. Above the door is a cupboard housing the electricity meter and the fuse board. One ceiling light fitting point.