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3 bedroom detached house for sale

Bedford Street, Leamington Spa

£475,000

Property Description

Key features

  • 3 double bedroom and shop
  • Recently refurbished to a high standard
  • Investors
  • Rental currently 2050pcm
  • Yield of 5% return
  • Freehold Included

Full description

Tenure: Freehold

The apartment comprises Three double bedrooms, open plan lounge/kitchen, fitted kitchen appliances, bathroom, video entry system.


The Retail Unit has A1, A2 & A3 use in place and being centrally located is ideal for a new or exisiting business.  It comprises the main room, Kitchen, WC and storage.


Currently achieving a rental yield of 5%


3 bedroom apartment already rented with 12 months lease at £1300 pcm.


Shop/retail unit  rented at £9,000 per year (£750pcm) 3 years lease ending May 2018


To be purchased Freehold with sitting tenants both in the apartment and shop earning £2050pcm (£24,600 per year)

APARTMENT


Approach - With access direct from the roadside this property now affords a newly rendered frontage in bright white with sage green timber. The secure main front door with video entry system that would only be utilised by the present owner and to rear access for a local shop on the Parade.

Communal Entrance - On entering through the main front door with the video entry system you are greeted with a paved flag stone floor pathway in slate grey and a pebbled trim, internal lighting with sensors for night time which would lead you through to the private main front door to the apartment.

Entrance - With wall mounted slim line radiator, electric fuse box on wall, lighting and stairs rising to the first floor landing.

First Floor - On rising to the first floor there is a light and airy landing, an internal hallway leading you through to the three double bedrooms all with original sash windows, fully neutral decor throughout and recently finished, storage cupboard underneath stairs and a hotel styled bathroom.

Landing - 3.77m x 2.47m (12'4" x 8'1") - With sash window to side elevation and glass panelled balustrade with timber hand rail, storage cupboard, slim line radiator and solid oak doors leading off to:-

Bedroom One - 4.38m x 2.65m (14'4" x 8'8") - A dual aspect bedroom with four windows in total including two large sash windows to the front elevation and two to the side elevation, neutral decor, two ceiling light points, central heating radiator and TV point.

Bedroom Two - 4.05m x 2.80m (13'3" x 9'2") - With two large sash windows to the front elevation, central light pendant, central heating radiator and TV point.

Bedroom Three - 2.05m x 2.97m (6'9" x 9'9") - With window to the rear elevation, central light pendant and central heating radiator.

Bathroom - 1.80m x 2.31m (5'11" x 7'7") - A brand new bathroom with fully tiled walls and floors and a white three piece suite incorporating a Jacuzzi style bath with rainwater shower head over fitted low level flush WC and sink, extractor fan, heated towel rail and concealed spot lighting in the ceiling.

Second Floor - Open Plan - 5.42m x 9.20m (17'9" x 30'2") - A large open plan area offering a fantastic entertaining space. To one side there is a fully fitted kitchen with a range of Zebrano gloss finish base units with complementary white work surfaces affording the one and half basin stainless steel sink with mixer taps. Integrated appliances include oven, five ring gas hob and unique extractor hood in glass, dishwasher, washing machine, microwave and fridge and also the video entry system unit. To the other side the open plan living quarters offers a space for both dining and living with TV points. The whole space is drawn together by the glass panelled balustrade of the staircase to the centre. Natural light floods in through both the sash windows and numerous Velux style roof windows on offer and the lighting consists of concealed spot lights throughout. Slim line radiators finish the loft style representation.


RETAIL UNIT


Main Room - 30' x 12' - With wood flooring, lighting and understairs storage, opens to kitchen area with base units and sink.  Rear Access.


Wash hand basin, WC

Location - Situated in the heart of Leamington Spa town close to the beautiful parks and gardens of Leamington Spa and within minutes walk of the main Parade the property is situated in a very sought after location. With the train station a short walk away with hourly trains taking just over one hour to London, Leamington Spa is convenient for everything with a great choice of high street and boutique shops, restaurants, cafes and bars, offering a unique shopping, dining and cultural experience. With its stunning architecture, tree lined avenues, squares, parks and gardens, it is a very popular place to live.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
18 September 2016

Floorplans

Map & Street View

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