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Christchurch Street East, Frome, Somerset, BA11

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

2

SIZE

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TENURE
Describes 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

  • COMMUNAL ENTRANCE HALL, FLAT 1,
  • PRIVATE ENTRANCE HALL, SITTING ROOM/KITCHEN,
  • SHOWER ROOM, DOUBLE BEDROOM,
  • SECOND FLOOR, LANDING, ENTRANCE HALL,
  • FLAT TWO, SITTING ROOM/KITCHEN, SHOWER ROOM,
  • DOUBLE BEDROOM, SECOND FLOOR, LANDING,
  • PRIVATE ENTRANCE, FLAT THREE, SITTING ROOM,
  • KITCHEN AREA, BATHROOM, DOUBLE BEDROOM

Description

*An investment opportunity currently producing circa £24,000 per annum *Three one bedroom flats all currently let on an assured shorthold tenancies * Excellent investment opportunity situated close to the town centre.

Situation: The property lies less than 1/4 mile from the town centre just off Bath Street on the junction with Christchurch Street East. Frome has a comprehensive range of independent shops, cafes and bistros together with national chains including Marks & Spencer. The railway station is less than half a mile and the Georgian city of Bath lies approximately 13 miles.

Description: This three storey building has been converted into three, one bedroom flats each situated on a different floor and providing an excellent residential investment opportunity. All flats are currently let on an assured shorthold tenancy achieving an annual income of approximately £24,000, producing a yield of approximately 7%.

Accommodation: All dimensions being approximate.

Flat 2a: With a private entrance hall and door to:
Living Room; 11'7" average x 11'6" average. With a night storage heater, double glazed window to the front elevation and base and wall kitchen units incorporating a stainless steel single drainer sink, ceramic two ring hob, space and plumbing for a washing machine and space for a fridge/freezer.

Shower Room: With a white suite comprising a tiled corner entry shower enclosure with a wall mounted Mira Sport electric shower, vanity wash basin with cupboard beneath, low level WC and a wall mounted electric convector heater.

Bedroom: 9'6" average x 7'10" average. With an electric panel radiator, double glazed window to the rear and storage cupboard with a lagged hot water cylinder.

First Floor:

Flat 2b: With a private entrance hall and doors to:
Living Room: 14'x12'3" narrowing to 8'3" With a night storge heater, built-in cupboard, double glazed window to the front elevation and base and wall kitchen units incorporating a stainless steel one and a half bowl single drainer sink, space and plumbing for a washing machine, space for a cooker with an electric cooker control panel and space for a refrigerator. Extractor hood.
Shower Room: With a tiled corner entry shower enclosure with a wall mounted Triton electric shower, low level WC, vanity wash basin with cupboards beneath and a wall mounted electric convector heater.

Bedroom : 9'5"x6'5" With a night storage heater and double glazed window to the rear.

Second Floor:

Flat 2c: With a door and staircase rising from the first floor landing, private hall area with an airing cupboard and factory lagged hot water cylinder. Door to:
Living Room: 18'x10'5" With two double glazed windows to the front elevation and base and wall

kitchen units incorporating a stainless steel single drainer sink, space and plumbing for a washing machine, space for a cooker and refrigerator.

Bathroom: With a white suite comprising a panelled bath with shower attachment, adjacent ceramic wall tiling, low level WC, pedestal wash basin and a tiled splash.

Bedroom: 9'8" x 9'6" average. With a night storage heater and double glazed window to the rear.
Note: Further details relating to the individual shorthold tenancies may be obtained through the selling 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
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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Christchurch Street East, Frome, Somerset, BA11

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About McAllisters, Frome

13 Market Place, Frome, BA11 1AB
Industry affiliations:

We understand that moving home can be exciting but at the same time a little over whelming. Our team ensure that the whole process is seamless and we are with you every step of the way.

How do we do this?

We will give you a fair and honest valuation if selling and then we ALWAYS accompany the viewings so that we guarantee not only a safe environment but ascertain the viewers true feelings about the property.

Once you are under offer we ensure that the finances are in place and that the buyers can afford the property. We do this by speaking to their financial advisor or, if there is no mortgage required we ask to see proof of funds.

Once we are satisfied, we then make sure solicitors are instructed and monitor the progress of your sale on a regular basis. We feel this is imperative as our work is not done until you have completed.

If you are buying we will assist you at every step if required and help you arrange surveyors, mortgages and solicitors. We then regularly monitor the progress of your purchase with solicitors and give you regular updates. This ensures that any problems can be detected early and dealt with.

Our level of service is totally bespoke to your requirements and our team ensure that at all times we assist you to the best of our ability.

Affordability

Monthly repayments£1,756
Property: £ 350,000
Deposit: £ 35,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference FRM180289. 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 McAllisters, Frome. 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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