Warwick Avenue, Bridgwater £420,000
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Brochure
Register With Us- Freehold Interest in Two Blocks of Flats For Sale
- Three Ground Floor Flats Included
- Gardens Parking and Garage Block
- Popular Residential Situation
INVESTMENT OPPORTUNITY. Freehold interest in two blocks of flats, included within which are three ground floor flats, with tenants in situ, currently let on an AST basis. The flats occupy a good size plot and include parking areas, gardens and a garage block. EPC D, D & D.
Warwick Avenue
Bridgwater TA6 5PE
Bridgwater TA6 5PE
County: Somerset
Sale Type: For Sale
Ref #: TAM02390
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
P: 01278 454503
Description
Investment opportunity for sale, comprising of two blocks of flats, each containing four flats; in which the freehold interest is being sold to include three ground floor flats. There are four garages and eight parking spaces. The ground floor flats have garden space demised with their leases. The flats are located in a convenient position to the east of Bridgwater Town Centre, in a predominantly residential area. Directions From Bridgwater head east out of the town, following signs for Westonzoyland. After the roundabout, by the train station you will shortly pass a Co-Op. Take the second right, onto Sedgemoor Road. Progress along the road, taking the third left and the flats will be directly ahead. DRAFT PARTICULARS
Flat 31
Three bedroom flat, with lobby, living room, kitchen and bathroom. The property is fitted with double glazing and has night storage heaters and an open fire. The flat is let on an Assured Shorthold Tenancy basis, at a rent of £7,500 per annum.
Flat 39
Three bedroom flat, with lobby, living room, kitchen and bathroom. The property is fitted with double glazing and has night storage heaters and an open fire. The flat is let on an Assured Shorthold Tenancy basis, at a rent of £6,900 per annum.
Flat 43
Comprising a two bedroom flat, with lobby, living room, kitchen and bathroom. The property has double glazing, night storage heaters and an open fire. The flat is let on an Assured Shorthold Tenancy basis, at a rent of £7,020 per annum.
Leasehold Information
Flat 29 Two bedroom, first floor. 99 year lease commenced 06.03.2019. Ground rent £215.00 PA Flat 33 Three bedroom, first floor. 125 year lease commenced 03.11.2013. Ground rent £5.00 PA Flat 35 Two bedroom, ground floor. 99 year lease commenced 16.10.1979. Ground rent £5.00 PA Flat 37 Two bedroom, first floor. 99 year lease commenced 24.09.1988. Ground rent £5.00 PA Flat 41 Three bedroom, first floor. 99 year lease commenced 30.03.1988. Ground rent £5.00 PA There is no annual maintenance charge, but all flats are liable for an equal share of the cost of works affecting them. Of the four garages, three are included within the leases of the flats, one is let separately for £40.00 PCM, to be increased to £50.00 PCM.
Warwick Avenue
Bridgwater TA6 5PE
Bridgwater TA6 5PE
County: Somerset
Sale Type: For Sale
Ref #: TAM02390
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
P: 01278 454503
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Warwick Avenue
Bridgwater TA6 5PE
Bridgwater TA6 5PE
County: Somerset
Sale Type: For Sale
Ref #: TAM02390
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
P: 01278 454503
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01278 454500
sales@expertagent.co.uk