Studio flat for sale
£850,000
High street, Chatham
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Full description:
An opportunity to purchase two retail units with seven one and two bedroom self-contained apartments above. The three storey property (plus basement) occupies a corner position in the heart of Chatham, close to the mainline station, with excellent foot fall. The separate entrance to the living area is at the front of the property and has a push button intercom system for entry. The building has been well maintained and full details of the rental income can be supplied on application. The freehold of the property is included in the sale. Ideal investment opportunity.
Apartments
Rental income is as follows:
Flat 7
Comprising of two bedrooms and two bathrooms, currently rented at £600 p.c.m.
Flat 6
Comprising of one bedroom and bathroom, currently rented at £475 p.c.m.
2 x Two bedroom flats
With a proposed rent of £500 each p.c.m.
3 x one bedroom flats
With a proposed rent of £425 each p.c.m
Lettings Shop
Currently rented out at £500 p.c.m
Internet Cafe
Currently rented out at £250
TOTAL INCOME: £4100 p.c.m. (£49,200p.a.)
Apartments
Rental income is as follows:
Flat 7
Comprising of two bedrooms and two bathrooms, currently rented at £600 p.c.m.
Flat 6
Comprising of one bedroom and bathroom, currently rented at £475 p.c.m.
2 x Two bedroom flats
With a proposed rent of £500 each p.c.m.
3 x one bedroom flats
With a proposed rent of £425 each p.c.m
Lettings Shop
Currently rented out at £500 p.c.m
Internet Cafe
Currently rented out at £250
TOTAL INCOME: £4100 p.c.m. (£49,200p.a.)
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