Long Street, Wotton-under-Edge, Gloucestershire, GL12
- BEDROOMS
8
- BATHROOMS
8
- 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
- Investment opportunity
- Good rental income, circa £45,000 p.a.
- Scope for higher rents
- 5 Studio Flats
- 3 Bedsits
- 9% Gross Return
Description
Description
An opportunity to purchase an investment property within the heart of Wotton-under-Edge. The property is marketed subject to existing Assured Shorthold Tenancies, for the flats and bedsits. There are five studio flats and three bedsits in good tenantable and decorative order, being well-maintained by the current Landlords. The bedsits all have their own separate bath/shower rooms. The property is connected to mains electricity, water and drainage.
Situation
The property is situated on the main high street of the historic market town of Wotton-under-Edge. The M5 Junction 14 is approximately 5 miles away while the M4 is approximately 11 miles distant, allowing for good access to Bristol, Gloucester, Cheltenham and South Wales. Locally, Wotton-under-Edge boasts a wide range of independent and national shops.
Outside
The property has pedestrian access direct from Long Street.
Lease
The flats and bedsits are let under the terms of Assured Shorthold Tenancy agreements. Further details on request. The total combined annual income is in the region of £45,000 p.a.
Local Authority
Stroud District Council –
Agents Notes
The property will benefit from a pedestrian right of access over the area hatched green on the plan, and access to a small garden at the rear. The Seller, before completion, will arrange for the installation of an appropriate fire door on the first floor, as marked by ‘A’ on the floorplan.
Viewing
Strictly by appointment with the Agents
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: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- 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
Long Street, Wotton-under-Edge, Gloucestershire, GL12
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Visit our security centre to find out moreDisclaimer - Property reference WOR250021. 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 David James, Wotton-Under-Edge. 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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