13 bedroom flat for sale

Overview

INVESTMENT OPPORTUNITY - A detached block comprising 9 SELF CONTAINED BEDSITS, a one bedroom ground floor flat and a self contained THREE BEDROOM ground floor flat with PRIVATE GARDEN. We understand the property currently brings in a gross income of approx. £81,000 PER ANNUM, with scope for improvement. Each of the bedsit rooms are let to long term tenants, with AST agreements in place. Each tenant is also responsible for their own council tax individually. The other bills including gas, electric and water are communal and covered at the landlords cost. There is a communal boiler for gas central heating.. The property is situated in a corner plot position, close to the shops, amenities and transport links of Southbourne. OUTSIDE the property offers off-road parking to the front as well as a rear garden. In addition there is a DETACHED Garage with off-road parking to the rear, accessed off of Castlemain Avenue.