12 bedroom block of apartments for sale

Eastwell Court, The Crescent, Bilsthorpe, Newark, NG22

Guide Price £380,000

Property Description

Key features

  • Block of 8 Flats
  • 4 x one bed and 4 x 2 bed
  • Quiet Location
  • Further land to the rear is available separately for 250,000 offering potential development of the site.
  • Yield of approx 9% if fully let

Full description

We are pleased to offer For Sale on the open market Eastwell Court. This well maintained block of 8 flats (4 x one bedroomed and 4 x two bedroomed) have been let on Assured Shorthold Tenancies conducting rentals in the region of £350 - £400 pcm. The flats offer a perfect investment opportunity as fully let would produce a yield in the region of 9%.

Bilsthorpe is a small village in Newark, Notts being 5 miles south of Ollerton and near the junction of the A614 and the A617 giving easy access to Sherwood Forest and Rufford Abbey and having a regular bus service from Mansfield to Newark.

The flats are to be sold freehold as a whole. There is further land to the rear of the block which has lapsed planning permission for 17 x further flats (05/00775/FULM) NEWARK AND SHERWOOD DISTRICT COUNCIL)

This land is currently being marketed and is available separately at a guide price of £250,000.

Flat Number 1
Ground Floor, two bedroomed flat with Lounge, Kitchen, Bathroom.

Flat Number 2
Ground Floor, two bedroomed flat with Lounge, Kitchen, Bathroom.

Flat Number 3
Ground Floor, two bedroomed flat with Lounge, Kitchen, Bathroom.

Flat Number 4
Ground Floor, two bedroomed flat with Lounge, Kitchen, Bathroom.

Flat Number 6
First Floor, one bedroomed flat with Lounge, Kitchen, Bathroom.

Flat Number 7
First Floor, one bedroomed flat with Lounge, Kitchen, Bathroom.

Flat Number 8
First Floor, one bedroomed flat with Lounge, Kitchen, Bathroom.

Flat Number 9
First Floor, one bedroomed flat with Lounge, Kitchen, Bathroom.

Services
Mains drainage, electricity and water are installed together with individual electric meters to each flats. Communal entrance hall with front door gives access to ground floor flats 2 and 3 and has stairs rising to the first floor which provides access onto the rear balconies for flats 5,6,7 and 8.

Viewing
Please contact WT Parker to arrange a viewing.


Listing History

Added on Rightmove:
30 August 2019

Nearest station

  • Mansfield (6.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Parkers Estate Agents, Chesterfield

4 Glumangate, Chesterfield, S40 1QA

01246 908122 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Mansfield (6.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Parkers Estate Agents, Chesterfield

4 Glumangate, Chesterfield, S40 1QA

01246 908122 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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