6 bed block of flats for sale

Bays Hill, Newtown, Berkeley GL13

An exciting, fully let residential investment opportunity consisting of four flats – two with two bedrooms and two with one bedroom – created through the conversion and extension of the original property (Planning permission ref: S.09/0636/ful). Together, the four flats have a potential rental income of approximately £35,340 per annum. The property has driveway parking to the front and is offered for sale with no onward chain.

Flat 6 is the largest unit sitting on the ground floor. It has its own entrance, opening into a bright and well-proportioned reception room. There are two bedrooms, a double with built-in storage and one single. The kitchen features contemporary gloss cabinetry, a gas ring hob and opens onto a good-sized patio with a vegetable patch and an outbuilding for garden storage.

Flat 6a is on the ground floor, accessed through the communal entrance. The property has an open-plan kitchen and reception room – providing a sociable and light layout for everyday enjoyment. The kitchen features a breakfast bar, gas hob and modern cabinetry. Adjacent is the shower room with the gas boiler and a double bedroom overlooking the front. This unit benefits from a patio and outbuilding.

Flat 6b occupies the left-hand side of the first floor. It’s open plan design incorporates the kitchen to the rear with a gas ring hob and breakfast bar. The carpeted reception area offers a generous size with overstairs storage. Two bedrooms, a double with built-in storage and a single, and a shower room complete the accommodation. The flat has been carefully maintained during the tenants' approximate three-year occupation.

Flat 6c occupies the right-hand side of the first floor. The open-plan kitchen and reception room make good use of the available space, enjoying plenty of natural light from the dual aspect. The kitchen features gloss cabinetry, a breakfast bar and gas ring hob. The accommodation also includes a double bedroom and shower room. A new tenant has been secured for the unit.

The Village of Newtown sits a short distance inland from the River Severn, ideal for walkers, and approximately 2 miles from Berkeley to the west of the M5 and the A38, to the north of Bristol and to the south of Gloucester and Cheltenham. Berkeley Castle has been home to the Berkeley family for some 900 years, a popular and very interesting historical attraction. The town was also the home of Edward Jenner, pioneer of the smallpox vaccine. The Jenner Museum is a short walk from the High Street, past the brick cottage that Jenner gave to James Phipps, who as a boy was the first person to receive inoculation. A thriving small rural town, Berkeley has a variety of shops, building society, hotel, public houses and a primary school. In the centre of Newtown is a post office/convenience store and Sharpness Primary School.