Station Road, Fordingbridge, Hampshire, SP6

SALE OF FREEHOLD. An attractive red-brick property sub-divided into five self-contained flats, all of which are currently let out with a current total income of £41,520 per annum. SUITABLE FOR INVESTMENT PURCHASERS.

An opportunity to acquire an attractive block of apartments located on the western edge of the town. The property comprises a three storey detached building sub-divided into five self-contained flats together with communal outside space and car parking. The flats were individually let out on assured shorthold tenancies, now periodic assured tenancies, and the property is held as an investment. The current rental incomes are as follows:

Flat 1 - £700.00 pcm
Flat 2 - £660.00 pcm
Flat 3 - £700.00 pcm
Flat 4 - £700.00 pcm
Flat 5 - £700.00 pcm

Total Yield: £41,520 per annum.

Station Road is located on the Western outskirts of Fordingbridge, approximately 1/2 mile from the town centre. Fordingbridge has an array of local services to cater for everyday needs including a range of shops, a cinema, a building society, a choice of pubs and restaurants, a library and a medical centre. There is reputable schooling at primary and secondary levels in the form of Fordingbridge Infants and Junior school and Burgate Secondary School and Sixth Form.

Fordingbridge is well placed for access to the regional centres of Salisbury, Bournemouth and Southampton. All provide main line rail links to London Waterloo and there are airports at the latter two. Fordingbridge sits within the Avon Valley with a wide variety of opportunities for leisure and recreational activities. The rolling Downland of Cranborne Chase National Landscape can be found to the west, contrasting with the picturesque heath, moor and woodland of the New Forest National Park to the East. Excellent walking and riding abounds, as do many good opportunities for golf and fishing and there is a tennis club in the neighbouring village of Sandleheath.

The parking area serving Flats 1 - 5 is located off Station Road, from which there is a pedestrian access to the front and rear of the building to the communal entrances. To the rear is a row of individual sheds for storage purposes.

New Forest District Council. All flats are allocated Tax Band A.

Mains drainage, electricity and water connected. Central heating is via a combination of gas fired boilers and electric radiators.

ANTI-MONEY LAUNDERING REGULATION
We are legally required to conduct Anti-Money Laundering checks on all parties involved in the sale of a property - i.e. both buyers and sellers. We use a service offered by The Guild of Property Professionals called Verify365 to perform these checks. This is a service offered to Estate Agents who are members of the Guild of Property Professionals. These checks must be completed before a property is listed for sale and as soon as an offer is accepted (before we send out the Memorandum of Sale). There is a non-refundable fee of £25 (plus VAT) per person. Note: Woolley & Wallis receive a portion of this fee to cover our administration costs in processing these legal checks.

Leave Fordingbridge in a Westerly direction travelling on the road to Sandleheath/Damerham. Pass the former Railway Hotel and proceed striaght over the mini-roundabout. The entrance to the parking area serving the flats will be found immediately on the right hand side.