Get brand editions for Hose Rhodes Dickson, Newport

Commercial Property for sale

Union Road, Ryde

Sold STC £750,000

Property Description

Full description

Tenure: Freehold

LOCATION
Situated on Union Road, Ryde, this property is a stones throw from the Town Centre. Ryde is the largest town on the Island by population (circa 24,000) and the property benefits from being within walking distance of the beaches at Ryde & Appley and the Esplanade with links to Portsmouth.

DESCRIPTION
A great opportunity for investors this property is approximately 7 years old and consists of a block of 8 self contained apartments. There are 2 x 1 bedroom apartments and 6 x 2 bedroom apartments, one of which being a split level maisonette.

The properties benefit from as central heating and double glazing throughout, there is also a communal garden to the rear of the property.

Each apartment is built and finished to the same standard throughout with the specification of kitchens and bathrooms being identical.

All properties are currently let on Assured Shorthold Tenancies with a gross annual income of circa £48,000 when fully let. A full schedule of tenancies and income can be shown on request.

SERVICES
Mains gas, electric, water and drainage.

TERMS
Our client is asking for offers in the region of £750,000 for this freehold property.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.


More information from this agent

Nearest stations

  • Ryde Esplanade (0.1 mi)
  • Ryde St. Johns Road (0.5 mi)
  • Ryde Pier Head (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 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 stations

  • Ryde Esplanade (0.1 mi)
  • Ryde St. Johns Road (0.5 mi)
  • Ryde Pier Head (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 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.

Disclaimer - Property reference 101276028979. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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