13 bedroom block of apartments for saleColebrook Way, Andover, Hampshire, SP10
Sold STC £1,200,000
- Rare Investment Opportunity
- Complete Block of Eight Flats
- Conveniently Located
- Close to Train Station and Town Centre
The property offers a rare opportunity to purchase a complete block of flats all tenanted on assured shorthold tenancies through Graham & Co providing an instant income of around 5.3% gross. The property itself was built in 2004 and has been extremely well maintained over the years by the Landlords and their Agents. The flats are let on the following basis:
Flat 1 - 2 bedroom £690 pcm
Flat 2 - 1 bedroom £600 pcm
Flat 3 - 2 bedroom £725 pcm
Flat 4 - 2 bedroom £700 pcm
Flat 5 - 1 bedroom £600 pcm
Flat 6 - 2 bedroom £725 pcm
Flat 7 - 1 bedroom £560 pcm
Flat 8 - 2 bedroom £700 pcm
The usual planning documents are easily viewed via the Test Valley website under the application number TVN.04325/2. The property is obviously available for viewing, however, a minimum of 48 hours notice will be required.
Energy Performance Certificates (EPCs)
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