7 bedroom detached house for sale

Langport Road, Weston-Super-Mare

Sold STC £305,000

Property Description

Full description

Hollis Morgan - An end of terrace corner property currently ( 2784 Sq Ft ) arranged as five one bedroom apartments and one two bedroom apartment producing £32,640 per annum

The Property - A large corner property currently arranged as six self contained flats - 2784 Sq Ft - with parking and gardens.

5 x 1 Beds
1 x 2 Bed

Location - Langport Road is located just off Clevedon Road within the popular seaside town of Weston Super Mare. Local amenities and services are all within close proximity including the famous Grand Pier. Bristol City Centre is approximately twenty five miles away.

The Opportunity - High yielding investment producing an income of £32,640 pa
The flats have been let for many years and whilst are fit for purpose the accommodation could be updated and the rents increased accordingly.

Current Income - All Let On Ast Agreement - Flat 1 - £420 pcm
Flat 2 - £475 pcm
Flat 3 - £525 pcm
Flat 4 - £425 pcm
Flat 5 - £425 pcm
Flat 6 - £450 pcm

£2,720 pcm / £32,640 pa

( Includes gas bill for combi boilers )

Please refer to online legal pack for copies of AST.

Tenant Information - The tenants have been in situ for the following:

Flat 1 5/6 approx years
Flat 2- 3 months
Flat 3 18 months
Flat 4 2 months
Flat 5 18 months
Flat 6 4 years

Extra Information - Electric panel heaters throughout (electric bills paid by the tenants)
Central control panel for the boilers is in the communal area.
Combi boilers for hot water only.
Flat 4 has a parking space
Flat 5 has an outdoor patio space

Why Invest In Weston Super Mare? - Regeneration in the South West Is now the time to invest?

A West of England region-wide plan is being developed to address housing and transport needs up until 2036. An additional 29,000 houses will be needed across North Somerset, Bath and North East Somerset, South Gloucestershire and Bristol in the next 20 years, on top of those already planned for by local councils.
Regeneration in Weston-Super-Mares town centre has taken a major leap forward with significant progress being made on several big projects.
In November, developers McLaren Life announced building contractors would soon begin moving into Dolphin Square to start construction on the £18mil third phase of the site and is scheduled to be ready for a summer 2017 opening.

Big names have already signed up for the development which include; Nandos, Prezzo, Pizza Express, Mimosa Buffet, Preto and Costa Coffee. The complex will also include a 1,600 seater, eight screen Cineworld, as well as a indoor climbing and soft play company Rock Up and a health and fitness operator.

Regeneration manager Rachel Lewis, from North Somerset Council said: Development of this site right in the centre of town is fantastic news. Its great to see the big names that have signed up, showing real confidence in the towns future and prosperity. As well as attracting new interest in the town and making it an even better place to live, Dolphin Square will be a catalyst for further investment. This marks a major step forward in our wider plans to improve Weston town centre.

Another site allocated for development is the police station, former magistrates court and adjacent sites known as Walliscote Place, where modern urban apartments are due to be built to create a more welcoming space for the town centre while showcasing some of Westons heritage. It is hoped that by taking the lead on a high quality residential development, the council will set a new standard in the town centre housing and attract young professionals to live there.

Attracting more people to live in the town centre is vital to its future prosperity and Weston is one of just 20 areas outside London to be designated as a Housing Zone.

At the same time, Weston Colleges flagship project to create a new Law and Professional Services Academy at the Winter Gardens is poised to get started soon. Redevelopment and modernisation of this landmark building will attract new students to live and study in Weston, as well as addressing local skill gaps and creating new jobs.


More information from this agent

Listing History

Added on Rightmove:
07 October 2016

Nearest stations

  • Weston-super-Mare (0.3 mi)
  • Weston Milton (1.4 mi)
  • Worle (2.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Hollis Morgan, Clifton - Commercial, Land, Development and Investment

9 Waterloo Street, Clifton, Bristol, BS8 4BT

0117 973 6565 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.

Floorplans


To view this property or request more details, contact:

Hollis Morgan, Clifton - Commercial, Land, Development and Investment

9 Waterloo Street, Clifton, Bristol, BS8 4BT

0117 973 6565 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

  • Weston-super-Mare (0.3 mi)
  • Weston Milton (1.4 mi)
  • Worle (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hollis Morgan, Clifton - Commercial, Land, Development and Investment

9 Waterloo Street, Clifton, Bristol, BS8 4BT

0117 973 6565 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 26555327. 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 Hollis Morgan, Clifton - Commercial, Land, Development and Investment. 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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