Terraced house for sale in Apartment Block, West Road, Buxton SK17
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Property features
- Superb investment opportunity
- Stone built Victorian terraced property
- Consisting of 4 separate apartments
- Currently fully let
- Producing an annual income of £21,600
- Gated parking to the rear
Property description
A superb investment opportunity. We are pleased to offer for sale this stone built Victorian terraced property consisting of four separate apartments and situated within walking distance of pavilion gardens. Currently fully let and producing an annual income of £21,600. Gated parking to the rear. Viewing recommended.
Apartment 1 - Ground Floor
Hallway
Living Room with Kitchen area 16'1 x 12'1
Bathroom
Double Bedroom 10'9 x 8'2
Electric heating
Apartment 1A - Ground & Lower Ground Floor
Living Room 11'9 x 10'3 into bay
Kitchen 7'11 x 6'4
Utility Room
Bathroom
Lower Ground Floor Double Bedroom 14'5 x 14'0
Gas central heating
Apartment 2 - First Floor
Hallway
Living Room 13'11 x 10'8
Kitchen 8'5 x 5'2 plus recess
Bathroom
Bedroom One 16'6 x 8'7 into bay
Study/Bedroom Two 10'4 x 7'10
Gas central heating
Apartment 3 - Second Floor
Living Room 16'7 x 6'9
Kitchen 10'7 x 5'8
Bedroom 13'7 x 8'4
Bathroom
Electric heating
Externally
Externally there is gated parking to the rear together with walled garden frontage.
Rental Figures
We understand from our client that each of the four apartments within the building pay a rent of £450 per calendar month - giving a current gross return of £21,600 per annum, therefore offering a yield in the region of 7%.
It is thought that this could well be improved should a buyer decide to improve the apartments and then look to increase the rental figures.
Please Note
Any photos of the local area such as Pavilion Gardens and The Opera House are for illustration purposes only and are not included within the sale.
Each Apartment Is Council Tax Band -
Epc Ratings
Flat 1 - D
Flat 1a - C
Flat 2 - D
Flat 3 - D
Property info
For more information about this property, please contact
Wright Marshall, SK17 on +44 1298 437885 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Wright Marshall, and do not constitute property particulars. Please contact Wright Marshall 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.