Apartments 1 & 2, 53 Tollemache St

£165,000
  • Ref: 10348
  • Type: Apartment
  • 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
  • Sea views
  • Development potential
  • Professional tenants
  • Full management in place
  • Improving area
  • Good condition throughout
  • Both held on single freehold title

Property Summary

Super investment property for sale. Large mid-terrace house split into a 1 bed and a 3 bed apartment, rented to professional tenants for combined income of £11,820 pa. On one freehold title, recently undergone a schedule of improvement. Large basement with development potential.

Full Details

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

Ground floor one bed flat with large basement storage space, possibly suitable for conversion. A lounge with bay windows facing towards the sea, 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 sea views, kitchen diner, 2 double and 1 single bedrooms.

Both apartments are occupied by professional tenants paying a combined rental of almost £11,300 pa. A local property manager is in place making this the perfect hands free investment in a rapidly up and coming area.