North Parade, Frome
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
5
- 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
- Substantial Town Centre Property Comprising Four Self-Contained Flats
- Four Individual Units Available To Purchase Separately
- Selection Of One- And Two-Bedroom Apartments
- Variety Of Flexible And Well-Proportioned Accommodation
- Ground-Floor Flat With Its Own Private Entrance
- Basement Flat Benefiting From A Private Rear Garden
- Separate Kitchen And Living Areas Within Several Apartments
- Valid Electrical Installation Condition Reports, Energy Performance Certificates, And Gas Safety Certificates For Each Property
- Each Having Their Own Self-Contained Gas Central Heating System
- Central Frome Location With Strong Appeal To Owner-Occupiers And Investors
Description
The accommodation consists of a selection of one- and two-bedroom apartments, offering a variety of layouts and features. The ground-floor flat benefits from its own private entrance, while the basement flat enjoys the additional benefit of a small garden. The first- and second-floor flats each provide separate bathrooms, together with well-proportioned kitchen and living areas.
The property's central location and individual units make it an attractive opportunity for both owner-occupiers and investors.
The building currently generates a gross annual rental income of £30,000, representing a gross yield of over 7%. All four properties are fully tenanted, with current rents ranging from £585 to £695 PCM. There is also scope for rental increases across all four properties within the next 12 months, offering potential for further income growth.
4 North Parade - Individual Price: £120,000 - A two-bedroom ground-floor flat comprising a kitchen/living area, two bedrooms, including an en-suite, and a separate bathroom. The property also benefits from its own private entrance directly from North Parade.
4A North Parade - Individual Price: £130,000 - A one-bedroom basement flat comprising a bedroom, kitchen, bathroom and separate reception room. Double doors from the entrance hallway provide direct access to a small private garden.
4B North Parade - Individual Price: £115,000 - A first-floor apartment offering a spacious living area, separate kitchen, main bedroom, additional L-shaped bedroom/study area and bathroom.
4C North Parade - £110,000 - A top-floor flat comprising a double bedroom, open-plan living/kitchen area and separate bathroom.
Brochures
4 North Parade.pdf- 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.
- No parking
- 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
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 34954264. 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 Rogers & Co, 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.
*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.