Commercial Property for sale

Victoria Road, Cowes

£450,000

Property Description

Key features

  • Investment Opportunity
  • Two Bedrooms
  • Central Town Location
  • Terrace or Patio
  • Three Apartments
  • En-suite Facilities
  • Parking Space
  • Providing Rental Return

Full description

INVESTMENT OPPORTUNITY
A rare opportunity to acquire a substantial ready-made investment,historically providing a proven rental income.
Comprising three two bedroom apartments providing a profitable rental return of approximately £1835 PCM. Located in central town position, all flats have en suite facilities, parking spaces and outside terrace or patio. Viewing is by appointment with the Vendors Agent.

Flat One (Top Floor) Historic Rent £625 Pcm - Communal entrance with stairway to top floor off.

Entrance Hall - Radiator.Built in cupboard housing plumbing for washing machine.

Lounge/Kitchen - 6.35m x 3.07m (20'10" x 10'1") - Tiled flooring. radiator. Double glazed patio doors to balcony. Kitchen area fitted with range of floor and wall cupboards with bevel edged worktops. Stainless steel sink unit with mixer tap over. Built in electric oven and grill. Ceramic hob. Integrated fridge and freezer. Cupboard housing vaillant boiler.

Bedroom One - 3.43m x 3.40m (11'3" x 11'2") - Radiator. Double glazed window.

En-Suite Shower Room - Tiled shower cubicle. Pedestal wash basin. Low level WC. Towel rail/radiator. Tiled floor.

Bedroom Two - 3.20m x 3.25m (10'6" x 10'8") - Double glazed window. Built in cupboard housing meters.

Bathroom - Panelled bath with mixer tap and shower attachment over. Low level WC and concealed cistern. Pedestal wash basin. Towel rail/radiator. Light/shaver point.

Flat Two (Middle Floor) Historic Rent £635 Pm -

Entrance Hall - Radiator. Built in hanging cupboard/storage.

Lounge - 3.45m x 5.97m (11'4" x 19'7") - Two radiators. Double glazed patio door to balcony. Open plan to:-

Kitchen - 2.69m x 1.88m (8'10" x 6'2") - Range of fitted floor and wall cupboards. Bevel edged worktops. Ceramic hob with extractor hood over. Built in oven and grill. Stainless steel sink unit with mixer tap over. Double glazed window. Tiled flooring. Integrated fridge/freezer. Dishwasher.

Bedroom One - 3.45m x 3.10m (11'4" x 10'2") - Large built in wardrobe cupboard. Radiator. Double glazed window.

En-Suite Shower Room - Shower cubicle. Low level WC. Radiator/towel rail. Vanity wash basin. Double glazed window.

Bathroom - Corner bath with mixer tap and shower attachment over. Low level WC. Vanity wash basin. Towel rail/radiators. Utility cupboard and further cupboard housing gas boiler. Tiled flooring.

Bedroom Two - 3.20m x 3.56m (10'6" x 11'8") - Double glazed window. Radiator.

Flat Three (Bottom Floor)Let £575 Pcm -

Entrance Hall - Radiator. Separate low level WC and wash basin.

Kitchen/Lounge - 7.87m x 3.33m (25'10" x 10'11") - Tiled flooring. Range of floor and wall mounted units with bevel edged worktops. Stainless steel sink unit with mixer tap over. Electric hob with oven below. Two radiators. Double glazed patio door to decked patio.

Bedroom One - 3.35m x 3.86m (11' x 12'8") - Radiator. Built-in cupboard housing boiler supplying domestic hot water and gas central heating.

En-Suite Shower Room - With low level WC and pedestal wash basin.

Bedroom Two - 2.57m x 4.57m (8'5" x 15') - Built-in cupboard. Radiator. En-Suite Shower.



Tenure. Each Flat - Leasehold. Current service charge £575 PA includes £10 PA. Ground rent. Potential to buy share of freehold.

Epcs - Flat 1 Energy Efficiency Rating C
Flat 2 Energy Efficiency Rating B
Flat 3 Energy Efficiency Rating B


More information from this agent

Nearest station

  • Ryde Pier Head (6.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Marvins, Cowes

41a High Street, Cowes, PO31 7RS

01983 646061 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Ryde Pier Head (6.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Marvins, Cowes

41a High Street, Cowes, PO31 7RS

01983 646061 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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