4 bedroom shared living/flatmate for sale
£825,000 /Sale price - Tonbridge Kent TN9Details
- Beds: 4
- Price: £825,000 /Sale price
- Internal Reference No.: 69510197
Overview
Investment Consideration: Gross Initial Yield: 5.94% Rental Income: £49,020 p.a. VAT is NOT applicable to this property Comprises mid-terrace building recently converted into 4 x 1-Bedroom Flats Planning approved for development of additional 2 x 1-Bedroom Flats at rear land Located within short walk to Tonbridge Train Station, with occupiers nearby include Lidl and McColl`s, amongst other local retailers Property Description: Comprises mid-terrace 4 storey building recently converted into 4 x 1-Bed Flats, accessed via newly built stair tower at rear, providing the following accommodation and dimensions: Lower Ground Floor: Flat 23 37.94 sq m (408 sq ft) Kitchen/Living Room, Bedroom, Bathroom/WC Ground Floor: Flat 23A 37.67 sq m (405 sq ft) Kitchen/Living Room, Bedroom, Bathroom/WC First Floor: Flat 1 37.94 sq m (408 sq ft) Kitchen/Living Room, Bedroom, Bathroom/WC Second Floor: Flat 2 37.54 sq m (404 sq ft) Kitchen/Living Room, Bedroom, Bathroom/WC Total area size: 151.09 sq m (1,625 sq ft) Tenancy: Flat 23A is at present let on AST to an Individual for a term of 12 Months from 21st April 2023 at a current rent of £11,940 p.a. Deposit held of £1,148.07. Flat 1 is at present let on AST to an Individual for a term of 12 Months from 27th February 2024 at a current rent of £11,940 p.a. Deposit held of £1,148.05. Flat 2 is at present let on AST to an Individual for a term of 12 Months from 9th June 2023 at a current rent of £11,940 p.a. Deposit held of £1,148.07. Flat 23 is at present let on AST to an Individual for a term of 12 Months from 19th February 2024 at a current rent of £13,200 p.a. Deposit held of £1,269.23. Development Opportunity: Planning approved in December 2021 for demolition of existing workshop at rear of the property and construction of apartment building containing 2 x 1-Bedroom Flats, providing the following accommodation and dimensions: Ground Floor: Flat 1 36.72 sq m (395 sq ft) Kitchen/Living Room, Bedroom, Bathroom/WC First Floor: Flat 2 36.72 sq m (395 sq ft) Kitchen/Living Room, Bedroom, Bathroom/WC For more information please refer to planning application TM/21/02770/FL Tonbridge and Malling Planning Portal - Location: Tonbridge is a thriving market town with a resident population of approximately 40,000. The town offers an excellent range of retail and leisure facilities with many High Street stores, banks and building societies, together with a selection of coffee shops, restaurants and local pubs. It boasts a fine example of a 'Motte and Bailey' castle built in the 13th century, set on the banks of the river Medway. The property is situated on the Western side of Quarry Hill Road at the southern end of the town within 100m of Tonbridge Station. Occupiers nearby including Lidl and McColl`s, amongst other retailers. For more details and to contact: https://realtyww.info/rooms_1_tonbridge-d196392/for-sale_i69510197Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- Gross Initial Yield: 5.94%
- Rental Income: £49,020 p.a.
- Comprises mid-terrace building recently converted into 4 x 1-Bedroom Flats
- Planning approved for development of additional 2 x 1-Bedroom Flats at rear land
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-16, Viewed 7 times.
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