* Freehold
* Residential Development Portfolio * Built Approx 4 Years Ago * 10 x 2 Bedroomed Houses - 73. 4sq. m. (790 sq. ft. ) each * Modern, Open Plan Living * All Mains Services * Gas Central Heating & Double Glazing * All Properties Subject to Asssured Shorthold Tenancies (Documents Available) * Current Income c. £51, 300 pa - Fully Let Income in the region of c. £57, 300 pa (35A currently vacant) * Potential to Increase Income
A rare opportunity to acquire a development of 8 semi - detached houses plus 2
detached houses currently producing £51, 300 pa income (fully let income in the
region of £57, 300 pa) with the potential to increase to somewhere in the
region of £60, 000 pa subject to rent reviews.
All properties have an open plan living space to the ground floor along with
cloakroom/w. c. To the first floor there are two bedrooms and a modern
bathroom/w. c. There is also gas fired central heating to all properties along
with double glazed windows and doors and parking to the front elevation.
The location is positioned adjacent to open space and sports field and
provides access to well served bus routes.
Contact the selling agent for further information.
**Accommodation**
The development comprises 8 x semi - detached houses and 2 x detached houses.
All properties are approximately 73. 4 sq. m. (790 sq. ft) and comprise an open
plan living space to the ground floor with lounge and dining/kitchen along
with cloakroom/w. c. To the first floor there are two double bedrooms and a
bathroom/w. c.
Outside there are gardens/driveways to the front elevations.
**Services**
Properties are served with mains services and have gas central heating
systems.
**Council Tax**
All properties are Band A
**Epc Rating**
All properties are B
**Tenancy Information**
All properties are subject to Assured Shorthold Tenancies, most of which were
last reviewed in 2012.
Further details of tenancies are available from the selling agents W T Parker
.
**Annual Income**
The approximate annual income is currently c. £51, 500 pa and the fully let
income is approximately £57, 300 pa (35A is currently unoccupied).
We suggest that upon review, this income has a potential in the region of
£60, 000 pa.
**Viewings**
Strictly through the selling agent W T Parker
**Important Note**
W. T. Parker have made every reasonable effort on behalf of their client to
ensure these details offer an accurate and fair description of the property
but give notice that:
1. All measurements, distances and areas referred to are approximate and based
on information available at the time of printing.
2. Fixtures, fittings and any appliances referred to in these details have not
been tested or checked and any reference to rights of way, easements,
wayleaves, tenure or any other covenants/conditions should be verified by the
intending purchasers, tenants and lessees prior to entering into any
contractual arrangement.
3. Interested parties are recommended to seek their own independent
verification on matters such as on planning and rating from the appropriate
Local Authority.
4. Boundaries cannot be guaranteed and must be checked by solicitors prior to
entering into any contractual arrangement.
5. Photographs, plans and maps are indicative only and it should not be assumed
that anything shown in these particulars are included in the sale or letting
of the property.
6. These details are for guidance only and do not constitute, nor constitute
part of, an offer of contract. W. T. Parker and their employees are not
authorised to give any warranties or representations (written or oral)
whatsoever and any Intending purchasers, tenants and lessees should not rely
on any detail as statements or representations of fact and are advised to seek
clarification by inspection or otherwise prior to pursuing their interest in
this property.
7. Alterations to the details may be necessary during the marketing without
notice.

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