Western Road, Lymington, Hampshire, SO41
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Description
An investment opportunity to purchase a former warehouse which has been converted to provide 10 contemporary apartments which are currently let on Assured Shorthold Tenancies. The property represents an excellent investment with electric heating, good order throughout and 7 parking spaces situated in the Town Centre with a short walk to the High Street, shops and community facilities.
The property is held in a Limited Company and purchase of this company could be the best vehicle to acquire the investment offering various tax and SDLT benefits. We would recommend you take independent advice on this.
All Apartments have an EPC which can be supplied.
All 10 Apartments are currently let each on an Assured Shorthold Tenancy generating £96,840 per annum.
Brochures
ParticularsTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£0 per year
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£0
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
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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: TBC
Western Road, Lymington, Hampshire, SO41
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lymington Town Station0.6 miles
- Lymington Pier Station1.0 miles
- Sway Station3.1 miles
About the agent
Hayward Fox are the area's largest Independent firm of estate agents in the New Forest and Lymington area, covering every aspect of sales and lettings. We offer unparalleled coverage in the area with offices in Lymington, New Milton, Sway, Brockenhurst, Milford on Sea and Bransgore. Each branch has a team of enthusiastic and knowledgeable staff overseen by directors with years of experience, offering honest and trustworthy advice in order to achieve the best possible price for your home. Hayw
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference LYM230303. 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 Hayward Fox, Lymington. 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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