Studio House for sale

£349,950

Monkton Street, Ryde, PO33 2BB, PO33 2BB

Key features:

INVESTMENT OPPORTUNITY
Two Period Properties of Five Self Contained Units
£25,6520 Per Annum Income
Sought After Location
Rear Communal Garden
Close to Town and Seafront

Description

INVESTMENT OPPORTUNITY. A rare opportunity to purchase two attached period properties that together comprise of five self contained units. Within the buildings are 2 x 2 bedroom maisonettes, 2 x 1 bedroom flats and a one bedroom maisonette. All currently let producing an annual income of £25,620.

Flat A
Ground Floor Maisonette
Currently let at £470 p.c.m

Entrance Hall
Living Room
Kitchen
Bedroom One
Bedroom Two
Bathroom

Flat B
First Floor Maisonette
Currently let at £475 p.c.m

Entrance Hall
Living Room
Kitchen
Bedroom One
Bedroom Two
Bathroom

Flat C
First Floor Maisonette
Currently let at £375 p.c.m

Living Room 12'1' x 12'0' (3.68m x 3.66m)
Kitchen 10'4' x 7'6' (3.15m x 2.29m)
Bedroom 12'6' x 10'4' (3.81m x 3.15m)
Shower Room

Flat D
Ground Floor Flat
Currently let at £420 p.c.m

Entrance Hall
Living Room 12'6' x 12'0' (3.81m x 3.66m)
Kitchen 14'0' x 8'7' (4.27m x 2.62m)
Bedroom 13'7' x 11'9' (4.14m x 3.58m)
Shower Room

Flat E
Ground Floor Flat
Currently let at £395 p.c.m

Entrance Hall
Living Room
Kitchen
Bedroom
Shower Room

Outside
Lawned communal garden to rear.

Tenure: Freehold
Council Tax Band:
Flat A: A
Flat B: A
Flat C: A
Flat D: A
Flat E: A

Energy Efficiency Rating:
Flat A: E
Flat B: F
Flat C: TBC
Flat D: E
Flat E: E