Victoria Road, Swindon, SN1

£490,000

Guide price

  • Bedrooms: 5
SUMMARY

Investment Opportunity, Four Apartments, Freehold, Parking, Currently Producing £25,000 Gross Income, Current Gross Yield of 5.14% at Current Asking Price, Old Town Location

DESCRIPTION

A fantastic opportunity to acquire this investment property which is current split into four individual apartments located in the popular Old Town area. The property has a one bedroom apartment, studio and two bedroom duplex apartment in the main building, whilst there the fourth apartment is a self contained maisonette found at the rear of building. Parking is available for two cars found at the rear of the building.

All the apartments are currently let out with a joint gross monthly income of £2100pcm giving the property a gross annual income of £25,200 giving the property a annual gross yield of 5.14% based on the asking price of £490,000.

A viewing is highly recommend to appreciate this large and fantastic investment opportunity.

Entrance Via

Door to:

Communal Entrance Hall

Stairs to first floor.

Flat 1

Entrance Hall

Door to:

Open Plan Lounge / Kitchen

Lounge Area 16' 11" Into Bay x 11' 4" ( 5.16m Into Bay x 3.45m )

Window to front. Radiator.

Kitchen Area 11' 3" Max x 5' 2" ( 3.43m Max x 1.57m )

Range of wall and base mounted units with work surfaces over. Sink and drainer. Integrated oven. and hob with cooker hood over.

Bedroom One 13' 3" Max x 8' ( 4.04m Max x 2.44m )

Window to rear. Built-in wardrobes. Radiator.

Flat 2

Open Plan Lounge/dining/kitche 17' Into Bay x 15' 2" ( 5.18m Into Bay x 4.62m )

Open plan room with sitting, dining and kitchen areas. Window to front.

Kitchen Area

Range of wall and base mounted units with work surfaces over. Sink and drainer unit. Built-in cooker and hob.

First Floor

Bedroom Two 9' Max x 8' ( 2.74m Max x 2.44m )

Window to rear.

Bathroom

Bath with shower over. Wash hand basin. W.C.

Second Floor

Bedroom One 16' 9" Max x 11' 7" Max ( 5.11m Max x 3.53m Max )

Velux window front. Fitted wardrobes, Spacious eaves storage.

En - Suite

Window to rear. Shower cubicle with shower. Wash hand basin. W.C.

Flat 4

Studio Entrance Via First Floor

Lounge / Bedroom 16' 4" x 9' 3" ( 4.98m x 2.82m )

Window to side. Radiator.

Kitchen 7' 7" x 5' 9" ( 2.31m x 1.75m )

Bathroom

Window to front, Shower cubicle with shower. Wash hand basin. W.C. Radiator.

Flat 3

Separate entrance via rear of the building.

Lounge/kitchenette 24' 9" x 9' 3" ( 7.54m x 2.82m )

Side access door and window, Kitchen offering a range of eye and low level units, rolled edged worktops, single sink and drainer, plumbing for washing machine and further appliance space.

Bedroom One 10' 8" x 8' 7" ( 3.25m x 2.62m )

Side aspect window.

Shower Room

Shower Cubicle with shower over, WC, hand wash basin, part tiled walls.

Parking

Parking for two cars at the rear of flat 3.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Arrange viewing 01793 977194

Allen & Harris - Swindon TC

1/2 College Court, Swindon T C, Wiltshire

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