Wood Street, Ryde
- PROPERTY TYPE
House
- BEDROOMS
13
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- House of Multiple Occupancy
- 10 Studio Rooms
- 3 Bedroom Apartment
- Garden and Parking
- Great Investment Opportunity
- CHAIN FREE!!
Description
- 10 Studio Rooms - 6 currently.
- 3 Bedroom Apartment
- Garden and Parking
- Great Investment Opportunity
- CHAIN FREE!!
LOCATION
Situated on the corner of Wood Street and Trinity Street, Ryde, this investment property is within a very short walk to the town, Esplanade and beaches. Ryde is the largest town on the Island by population (circa 32,000 2011 census) and boasts miles of glorious sandy beaches. There is the transport hub close by with train and bus links to the rest of the Island plus Fastcat and Hovercraft to Portsmouth. Ryde Town Centre is a busy retail and leisure destination offering convenience shopping, popular eateries and wine bars, a number of local boutique lifestyle clothing and homeware brands.
DESCRIPTION
Offered for sale is this 13 room licensed HMO (with 6 let rooms). A semi-detached property with off road parking for circa 4 vehicles and gardens to the front side and rear. The layout of the property offers HMO and residential accommodation over 3 floors. Lower Ground Floor The Garden Flat - offers a 3 bedroom apartment with kitchen/diner, living room and bathroom. This unit is warmed by gas central heating. Ground Floor A welcoming lobby provides access to the HMO rooms. Rooms 1, 2, 3, 5 & 7. There is a shared shower and WC to this floor. First Floor Rooms 8, 9, 10 & 12. Shared shower and 2 x WC's. Room 6 is currently being utilised by the owner of the building as an art studio but could be incorporated back into the HMO as another letting room. Room 12 is currently vacant and undergoing renovation. The current income for the property is circa £34,320pa with the potential to increase this by letting rooms 6 and 12 once the renovation has been completed. (truncated)
SERVICES
The property benefits from electric, water and drainage, The lower ground floor apartment benefits from gas fired boiler.
TERMS
Our client is asking £450,000 for this Freehold investment opportunity.
VIEWINGS
Due to the nature of the tenancies in place viewings will require at least 48 hours notice. Please contact 01983 to 565658 to arrange a viewing.
PARKING
Parking for 4 cars.
Info for buyers
Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
Brochures
Particulars- 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: F
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Wood Street, Ryde
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Visit our security centre to find out moreDisclaimer - Property reference RYD221650. 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 Hose Rhodes Dickson, Ryde. 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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