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Block of Apartments for sale

Boscombe

£335,000

Property Description

Key features

  • Christchurch Road - Boscombe
  • Mixed Use Investment
  • Currently 2 flats and a shop
  • PP for 4 flats and shop
  • Current income produces 19,100 per annum
  • Potential income of over 32,000 per annum
  • No chain

Full description

A well located Freehold investment currently comprising of a lock up shop, a large three bedroom maisonette and a one bedroom Ground Floor flat to the rear currently producing around £19,100 per annum. The property also has planning consent for the alteration and conversion into a 2 bedroom flat and three one bedroom flats which would produce a rental income in the region of £32,000. Viewing strictly by appointment.

Ground Floor Shop - 4.5 x 3.92 (14'9" x 12'10") - Lock up shop with UPVC wood effect double glazed window to front, power and lighting.

From the Ground Floor a door adjacent to the shop leads into the:

833A Christchurch Road - A three bedroom first and second floor maisonette comprising:

Ground Floor - Ground floor entrance leading into a large Entrance Hallway with high level meter cupboard and stairs rising to the:

First Floor - Access to all rooms on this floor. Light point.

Kitchen/Breakfast Room - 5.19 x 3.37 (17'0" x 11'1") - Fitted with a good range of base and wall mounted cupboard and drawer units with areas of contrasting roll top laminate work surface over, integrated fridge/freezer with Gas hob and electric oven. Inset stainless steel sink unit with drainer adjacent and mixer tap over, cupboard housing the Gas fired boiler, tiled floor, ceiling light point, space and plumbing for dishwasher. Large larder cupboard with shelving. UPVC double glazed window to side. Door to the:

Roof Terrace - Paved floor and enclosed by metal balustrade.

Living/Dining Room - 5.18 x 4.54 (17'0" x 14'11") - UPVC double glazed windows to front, television point, wall mounted panelled radiator, power points.

Cloakroom - White suite with low level flush WC and wall mounted wash hand basin, window to side and ceiling light point.

Bedroom One - 4.25 x 3.38 (13'11" x 11'1") - UPVC double glazed window to rear, ceiling light point, wall mounted radiator, built in wardrobe, power points.

From the Inner Hallway stairs rise to the Second Floor.

Bedroom Two - 3.34 x 2.97 (10'11" x 9'9") - UPVC double glazed window to rear, ceiling light point, wall mounted panelled radiator, wardrobe with hanging rail.

Bedroom Three - 4.87 x 3.52 (16'0" x 11'7") - Maximum measurements due to sloping ceilings. UPVC double glazed window to front, eaves storage currently housing a hanging rail, power points, ceiling light point, wall mounted panelled radiator.

Bathroom - 3.74 x 2.59 (12'3" x 8'6") - Fitted with a panel enclosed bath with wall mounted hand shower attachment over and glazed screen adjacent, low level flush WC and pedestal wash hand basin. Tiled floor. Space and plumbing for washing machine and space for condenser dryer. Ceiling light point. UPVC double glazed window to side.

833B Christchurch Road - To the rear of the shop and accessed from the road behind is a One Bedroom flat with access from a private pathway and front door leading into:

Kitchen/Living Room - 6.15 x 3.39 (20'2" x 11'1") - Kitchen Area: Fitted with a good range of base and wall mounted units with areas of laminate work surface over, inset stainless steel sink unit with drainer adjacent and mixer tap over. Space for tall standing fridge/freezer. Space and plumbing for washing machine. Four ring ceramic electric hob with electric oven beneath.
Living Area: Window to side, ceiling light point, power points, wall mounted electric heater, door to:

Shower Room - Fitted with a three piece suite comprising enclosed shower cubicle, low level flush WC and wall mounted wash hand basin. Tiled floor, ceiling light point.

Bedroom - 2.46 x 3.16 (8'1" x 10'4") - Plus large recess for built in wardrobe with double doors housing a large hanging rail, power points, wall mounted electric heater, ceiling light point.

Outside - The communal grounds are limited and no parking is currently allocated to the flats or shop.

Planning - Planning permission was granted on the 8th June 2015 for the alteration and conversion of the existing building to form a smaller shop unit (now implemented) and the conversion to 4 residential units comprising one x 2 bedroom flat and three x 1 bedroom flats. Planning Application number - 7-2015-4859-Q. For more queries on this please contact us for the plans and decision notice. We understand that the Section 106 charges will need to be paid should more alterations take place to implement the planning consent and the charges for this are £484 plus an administration fee of £75. Anticipated GDV of £540,000.

Directional Note - From our office in Highcliffe follow signs to Christchurch. At the Fountain roundabout proceed straight onto Barrack Road and continue ahead until reaching the Iford Roundabout. Continue ahead onto Christchurch Road (second exit) and the property will be found around a mile and half further on the left hand side and numbered.

Please Note - All measurements quoted are approximate and for general guidance only. The fixtures, fittings, services and appliances have not been tested and therefore, no guarantee can be given that they are in working order. Photographs have been produced for general information and it cannot be inferred that any item shown is included with the property.

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Listing History

Added on Rightmove:
03 October 2017

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