Cottage Gardens, Witham Place, Boston, Lincolnshire, PE21
£1,250,000
£143.18 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
8,730 sq ft
811 sq m
- SECTOR
Commercial property for sale
Key features
- High Quality Residential Investment Portfolio with Development Potential For Sale Freehold
- 8 Residential Units in 2 Blocks, Total Built Area of 8,730sqft
- Located on 0.46acres with Private Gardens, Patios and Undeveloped Potential
- Cottage Gardens - 5 Large Apartments, 1 Large House, Garaging and Driveway
- Feverfew - 2 Large Apartments with Additional Undeveloped Space
- Majority Let to NHS Staff, Passing Rent £82,700 pa, ERV £93,500 pa
- All accommodation is presented fully furnished
Description
Location...
The bustling market town of Boston has a population of approximately 73,000 residents and is located on the South Lincolnshire Fens approximately 115 miles to the north of London.
Lincoln is 35 miles to the north-west, King's Lynn is 35 miles to the east, Nottingham is 50 miles to the west.
The town is served by a railway station, the A52, A16 trunk roads, the A17 being nearby. There is a twice weekly market, large hospital, strong retail offering, good sporting facilities and a number of well-regarded schools.
The property is located approximately a quarter of a mile to the north of the Boston Stump in the town centre on Norfolk Street with the gardens backing on to the River Witham.
Description...
This investment opportunity comprises 5 spacious two bedroomed apartments which have been modernised, a four bedroomed house, an additional building; Feverfew, containing 2 large apartments with space for further conversion works, as well as parking, patios, gardens, garages and a Folly. All accommodation is presented fully furnished.
Accommodation...
1-6 Cottage Gardens comprises 5 apartments, over 2 floors and a 2 storey 4 bedroomed house. It is located at the northern end of the site having its own parking, in addition to which are 2 large garages at ground floor level, below apartment 1. Apartments 1, 4 and 5 have large boarded loft rooms over.
Apartments 1-5 Cottage Gardens
Each apartment has a similar layout and comprises:
Entrance Hall
Open Plan Kitchen/Lounge.........4.5m x 6.1m, 27.7sqm
Bathroom with walk-in shower.
Bedroom No. 1.................................2.9m x 3.4m, 9.9sqm
Bedroom No. 2.................................3.3m x 2.4m, 8.1sqm
The upper floor apartments having balconies overlooking the private gardens.
6 Cottage Gardens is a four bedroomed house extending to 167sqm, 1,795sqft.
Lounge/Diner....................................4.4m x 8.6m, 38sqm
Kitchen............................................5.4m x 7.8m, 42.6sqm
The kitchen being well appointed and modern.
WC
First Floor
Master Bedroom with En Suite......5.4m x 4.4m, 24sqm
Bedroom No. 2..................................3.4m x 2.3m, 7.9sqm
Bedroom No. 3................................2.8m x 3.5m, 10.2sqm
Bedroom No. 4................................3.3m x 3.3m, 11.4sqm
Family Bathroom
Feverfew, 23 Witham Place, PE21 7LG
This is a detached building of conventional construction located to the south of the gardens adjoining the apartments. This purpose-built property provides a spacious ground floor apartment with one bedroom and spacious first floor apartment both finished to a good modern standard.
The basement is undeveloped however is arranged to provide enough space to create another apartment subject to statutory planning consents.
To the rear of the property is a two-storey building which is unused and has the potential to be extended to form another residential unit subject to statutory consents.
Outside...
Between the two buildings are large mature gardens with, mature trees, seating areas, patio and a water feature accessed by both properties and by steps from Witham Place.
At the rear of Cottage Gardens is an enclosed courtyard overlooking the river, currently enjoyed by No. 6.
2 Garages..........................................6.3m x 5m, 31.7sqm
Schedule of Accommodation...
1-6 Cottage Gardens, Witham Place, Boston
Apartments 1-5 each
69m2
740ft2
House No. 6
167m2
1,795ft2
Total
510m2
5,495ft2
Garages
63m2
680ft2
Feverfew, 23 Witham Place, Boston
Apartment 1
71m2
765ft2
Apartment 2
71m2
765ft2
Basement
71m2
765ft2
Total
213m2
2,295ft2
The Folly
25m2
270ft2
Total Built Area
811m2
8,730ft2
Site Area
0.19 ha
0.46 acres
EPC...
All properties have valid EPC certification as detailed in the schedule below. Updated assessment has not taken place since improvements have been made.
Planning...
Planning consent B/23/0080 dated 16th June 2023 has been granted for a new vehicular access comprising a long drive curving to the rear of the property with the potential to service the grassed area between the two buildings. Full details can be found on Boston Borough Council Planning Portal.
Schedule of Tenancies...
Cottage Gardens:
£ pcm
£ pa
EPC
Apartment 1
AST
£900
£10,800
D83
Apartment 2
AST
£900
£10,800
D60
Apartment 3
Assured Tenancy
£1,100
C74
Apartment 4
AST
£900
£10,800
D68
Apartment 5
AST
£900
£10,800
C72
House No. 6
AST
£1,400
£16,800
D56
£61,100
Feverfew:
Apartment 1
AST
£900
£10,800
D57
Apartment 2
AST
£900
£10,800
D60
£21,600
Total pa
£82,700
Total ERV
£93,500
Viewing...
All viewings are to be made by appointment through the agent, Poyntons Consultancy.
The bustling market town of Boston has a population of approximately 73,000 residents and is located on the South Lincolnshire Fens approximately 115 miles to the north of London.
Lincoln is 35 miles to the north-west, King's Lynn is 35 miles to the east, Nottingham is 50 miles to the west.
The town is served by a railway station, the A52, A16 trunk roads, the A17 being nearby. There is a twice weekly market, large hospital, strong retail offering, good sporting facilities and a number of well-regarded schools.
The property is located approximately a quarter of a mile to the north of the Boston Stump in the town centre on Norfolk Street with the gardens backing on to the River Witham.
Description...
This investment opportunity comprises 5 spacious two bedroomed apartments which have been modernised, a four bedroomed house, an additional building; Feverfew, containing 2 large apartments with space for further conversion works, as well as parking, patios, gardens, garages and a Folly. All accommodation is presented fully furnished.
Accommodation...
1-6 Cottage Gardens comprises 5 apartments, over 2 floors and a 2 storey 4 bedroomed house. It is located at the northern end of the site having its own parking, in addition to which are 2 large garages at ground floor level, below apartment 1. Apartments 1, 4 and 5 have large boarded loft rooms over.
Apartments 1-5 Cottage Gardens
Each apartment has a similar layout and comprises:
Entrance Hall
Open Plan Kitchen/Lounge.........4.5m x 6.1m, 27.7sqm
Bathroom with walk-in shower.
Bedroom No. 1.................................2.9m x 3.4m, 9.9sqm
Bedroom No. 2.................................3.3m x 2.4m, 8.1sqm
The upper floor apartments having balconies overlooking the private gardens.
6 Cottage Gardens is a four bedroomed house extending to 167sqm, 1,795sqft.
Lounge/Diner....................................4.4m x 8.6m, 38sqm
Kitchen............................................5.4m x 7.8m, 42.6sqm
The kitchen being well appointed and modern.
WC
First Floor
Master Bedroom with En Suite......5.4m x 4.4m, 24sqm
Bedroom No. 2..................................3.4m x 2.3m, 7.9sqm
Bedroom No. 3................................2.8m x 3.5m, 10.2sqm
Bedroom No. 4................................3.3m x 3.3m, 11.4sqm
Family Bathroom
Feverfew, 23 Witham Place, PE21 7LG
This is a detached building of conventional construction located to the south of the gardens adjoining the apartments. This purpose-built property provides a spacious ground floor apartment with one bedroom and spacious first floor apartment both finished to a good modern standard.
The basement is undeveloped however is arranged to provide enough space to create another apartment subject to statutory planning consents.
To the rear of the property is a two-storey building which is unused and has the potential to be extended to form another residential unit subject to statutory consents.
Outside...
Between the two buildings are large mature gardens with, mature trees, seating areas, patio and a water feature accessed by both properties and by steps from Witham Place.
At the rear of Cottage Gardens is an enclosed courtyard overlooking the river, currently enjoyed by No. 6.
2 Garages..........................................6.3m x 5m, 31.7sqm
Schedule of Accommodation...
1-6 Cottage Gardens, Witham Place, Boston
Apartments 1-5 each
69m2
740ft2
House No. 6
167m2
1,795ft2
Total
510m2
5,495ft2
Garages
63m2
680ft2
Feverfew, 23 Witham Place, Boston
Apartment 1
71m2
765ft2
Apartment 2
71m2
765ft2
Basement
71m2
765ft2
Total
213m2
2,295ft2
The Folly
25m2
270ft2
Total Built Area
811m2
8,730ft2
Site Area
0.19 ha
0.46 acres
EPC...
All properties have valid EPC certification as detailed in the schedule below. Updated assessment has not taken place since improvements have been made.
Planning...
Planning consent B/23/0080 dated 16th June 2023 has been granted for a new vehicular access comprising a long drive curving to the rear of the property with the potential to service the grassed area between the two buildings. Full details can be found on Boston Borough Council Planning Portal.
Schedule of Tenancies...
Cottage Gardens:
£ pcm
£ pa
EPC
Apartment 1
AST
£900
£10,800
D83
Apartment 2
AST
£900
£10,800
D60
Apartment 3
Assured Tenancy
£1,100
C74
Apartment 4
AST
£900
£10,800
D68
Apartment 5
AST
£900
£10,800
C72
House No. 6
AST
£1,400
£16,800
D56
£61,100
Feverfew:
Apartment 1
AST
£900
£10,800
D57
Apartment 2
AST
£900
£10,800
D60
£21,600
Total pa
£82,700
Total ERV
£93,500
Viewing...
All viewings are to be made by appointment through the agent, Poyntons Consultancy.
Brochures
Cottage Gardens, Witham Place, Boston, Lincolnshire, PE21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Boston Station0.2 miles
- Hubberts Bridge Station3.4 miles
About Poyntons Consultancy Commercial, Lincolnshire Office
Poyntons Consultancy Ltd - Commercial, 24,26 and 28, South Street, Boston, Lincolnshire, PE21 6HTNotes
These notes are private, only you can see them.
Disclaimer - Property reference CottageGardens. 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 Poyntons Consultancy Commercial, Lincolnshire Office. 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.
Map data ©OpenStreetMap contributors.