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High Street, Cinderford

PROPERTY TYPE

Detached

BEDROOMS

8

BATHROOMS

8

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • EIGHT PURPOSE BUILT ONE BEDROOM APARTMENTS
  • ALL APARTMENTS HAVE DOUBLE GLAZING, ELECTRIC BACKGROUND HEATING, ALLOCATED PARKING & WOODLAND VIEWS
  • EACH APARTMENT HAVING A KITCHEN/LIVINGROOM, BEDROOM & BATHROOM
  • 999 YEAR LEASE FROM JANUARY 2003
  • SITUATED CLOSED TO THE TOWN AMENITIES
  • THE APARTMENTS ARE CURRENTLY FULLY LET

Description

TOOMBS & TOOMBS PROPERTIES ARE PLEASED TO OFFER FOR SALE THIS INVESTMENT BUILDING COMPRISING EIGHT PURPOSE BUILT ONE BEDROOM APARTMENTS WITH ALLOCATED PARKING, VIEWS IN A TOWN CENTRE LOCATION. CURRENT RENT PASSING CIRCA £500 pcm PER APARTMENT/APPROX. £48k PER ANNUM, POTENTIAL UPLIFT TO £550 pcm PER APARTMENT/CIRCA £52,800k PER ANNUM. SUBJECT TO PLANNING CONSENT POTENTIAL FOR FURTHER APARTMENTS WITHIN THE ATTIC SPACE.

APPROXIMATE ROOM SIZES

Bedroom - 4m x 3m (13'2 x 9'10)
Kitchen/Living room - 4m x 4.2m (13'2 x 13'9)
Bathroom - 1.74m x 2m (5'9 x 6'6)

OUTSIDE

allocated parking for each apartment.

AGENTS NOTE

on offer the Freehold incorporating the Management company - Kenley House Management Company Limited to the incoming purchaser. That purchaser can then offer or sell them individually with leasehold options.

SERVICES

mains water, electricity and drainage. THE SERVICES AND CENTRAL HEATING, WHERE APPLICABLE, HAVE NOT BEEN TESTED.

VIEWING

Please note our vendor clients will only allow viewings on the basis of a cash proceedable purchaser, or proven investment buyer with proof of funding i.e. commercial mortgage etc. Viewings do require an element of notice, not all apartments will be available to view, one or two will be available as examples of the whole block. If a sale is agreed with the client then a more in-depth inspection of the whole block will be agreed.

OUTGOINGS

COUNCIL TAX BAND 'A'

APARTMENTS 2, 3, 4 & 6 - EPC RATING 'C'
APARTMENTS 1, 5, 7 & 8 - EPC RATING 'D'

AGENTS NOTE

the Partners of Toombs & Toombs Properties have a financial interest in this property.

Brochures

Property BrochureFull Details

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

High Street, Cinderford

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lydney Station7.8 miles
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About the agent

Toombs & Toombs Properties, Lydney

Claremont House High Street, Lydney, GL15 5DX

Toombs & Toombs Properties, Lydney

Toombs & Toombs Properties was formed by husband-and-wife team, David and Mandy Toombs, to respond to the demands of the modern property market by offering a highly personal, bespoke and agile service.

The Toombs & Toombs Properties' ethos of providing excellent service at a fair price, has been informed by over 40 years' experience in the property industry and listening to our clients and understanding what they want.

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Industry affiliations

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Disclaimer - Property reference 12208522. 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 Toombs & Toombs Properties, Lydney. 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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