Apartments 1 & 2, 53 Tollemache St

  • Ref: 10348
  • Type: Terrace
  • Bedrooms: 4
  • Bathrooms: 2
  • Reception Rooms: 2
  • Tenure: Freehold
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Property Features

  • Investment opportunity
  • One 1 bed and one 3 bed apartment
  • River views
  • Development potential
  • Undergoing extensive refurbishment
  • Full management in place
  • Attractive area
  • Good condition throughout
  • Both held on single freehold title
  • New bathroom and kitchen

Property Summary

Super investment property for sale. Large mid-terrace house split into a 1 bed and a 3 bed apartment, with potential combined income of £12,240 pa. On one freehold title, ground floor occupied and upper levels currently undergoing a schedule of improvement. Large basement with development potential.

Full Details

A very large mid-terrace house split into 2 separate apartments some time ago. Close to the beach and facilities of New Brighton, with river views.

Ground floor one bed flat with large basement storage space, possibly suitable for conversion. A lounge with bay windows facing towards the river, bathroom with white 3 piece suite, kitchen with access to rear yard, double bedroom. Stairs down to basement which may be suitable for conversion to additional living space subject to approvals.

First and second floor maisonette with large lounge with river views, kitchen diner, 2 double and 1 single bedrooms.

The ground floor apartment is occupied by professional tenants and the upper floor maisonette is currently vacant and undergoing a schedule of renovations. This includes new bathroom and kitchen, new carpets and decoration throughout. The likely combined rental income when fully let is £12,240 pa. A local property manager is in place making this the perfect hands free investment in a rapidly up and coming area.

Please be aware that the pictures of the maisonette are for reference only to show room sizes and were taken prior to commencement of the current renovations.

Please Note: A member of staff of the estate agency, or a member of their family, has a financial interest in this property.