4 bedroom block of apartments for sale
New Bridge Street
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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- 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
- 4 SELF CONTAINED FLATS
- DEVELOPMENT OPPORUNITY
- INVESTMENT OPPORUNITY
- POTENTIAL TO INCREASE RENT
- EXCELLENT LOCATION
Description
Located in a highly desirable central area at the bottom of Fore Street, this is perfectly position for the city centre, St Thomas and local transport links. Fore Street boasts numerous speciality and alternative shops, many of them independents, hidden away within little arcades along the route, this is an up and coming area with the investors looking at sites to develop along with proposed new student accommodation. This property presents an excellent opportunity for investors.
The property also has a lockable bin store and basement/store room which could have the potential to be developed into a self-contained apartment.
Property Tenure: Freehold (please note each flat does not hold individual leaseholds).
Council Tax: Each flat has a separate council tax band all comprising of an A.
EPCs:
21 New Bridge Street - C
22 New Bridge Street - C
22a New Bridge Street - D
22b New Bridge Street - D
LETTINGS INFORMATION The apartments have achieved and achieving the following rents which are not reflective of the current market value (please see below lettings potential)
21, 1 bedroom, 47 sqm - £575pcm
22, 1 bedroom 34 sqm - £595pcm
22a, 1 bedroom 40 sqm - £595pcm
22b, 1 bedroom 47 sqm - £695pcm
Lettings Potential - Rosewood Property Lettings Department have put an estimate monthly rental of £750pcm if they came back to the market now as they are. This provides a rental yield of approx. 6.9%.
They have a potential to achieve £850pcm with some selective modernisation/improvement. This provides a yearly rental yield of approx. 7.8%.
If you would like further information regarding this or any aspect of letting a property, please contact our Lettings Department.
SERVICES Electricity supply: Mains electricity
Heating supply: Night Storage Heaters
Sewerage: Mains
Water Supply: Mains
Mobile signal: Several networks showing as available including EE, Vodaphone, 3 and 02
Broadband: Standard, Superfast and Ultrafas
- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
New Bridge Street
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Visit our security centre to find out moreDisclaimer - Property reference 102801001334. 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 Rosewood Property, Exeter. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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