* An investment opportunity currently producing circa £24,000 per annum * Three one bedroom flats all currently let on an assured shorthold tenancies * Excellent investment opportunity situated close to the town centre.
Situation: The property lies less than 1/4 mile from the town centre just off Bath Street on the junction with Christchurch Street East. Frome has a comprehensive range of independent shops, cafes and bistros together with national chains including Marks & Spencer. The railway station is less than half a mile and the Georgian city of Bath lies approximately 13 miles.
Description: This three storey building has been converted into three, one bedroom flats each situated on a different floor and providing an excellent residential investment opportunity. All flats are currently let on an assured shorthold tenancy achieving an annual income of approximately £24,000, producing a yield of approximately 7%.
Accommodation: All dimensions being approximate.
Flat 2A: With a private entrance hall and door to:
Living Room; 11'7" average x 11'6" average. With a night storage heater, double glazed window to the front elevation and base and wall kitchen units incorporating a stainless steel single drainer sink, ceramic two ring hob, space and plumbing for a washing machine and space for a fridge/freezer.
Shower Room: With a white suite comprising a tiled corner entry shower enclosure with a wall mounted Mira Sport electric shower, vanity wash basin with cupboard beneath, low level WC and a wall mounted electric convector heater.
Bedroom: 9'6" average x 7'10" average. With an electric panel radiator, double glazed window to the rear and storage cupboard with a lagged hot water cylinder.
First Floor:
Flat 2B: With a private entrance hall and doors to:
Living Room: 14'x12'3" narrowing to 8'3" With a night storge heater, built-in cupboard, double glazed window to the front elevation and base and wall kitchen units incorporating a stainless steel one and a half bowl single drainer sink, space and plumbing for a washing machine, space for a cooker with an electric cooker control panel and space for a refrigerator. Extractor hood.
Shower Room: With a tiled corner entry shower enclosure with a wall mounted Triton electric shower, low level WC, vanity wash basin with cupboards beneath and a wall mounted electric convector heater.
Bedroom : 9'5"x6'5" With a night storage heater and double glazed window to the rear.
Second Floor:
Flat 2C: With a door and staircase rising from the first floor landing, private hall area with an airing cupboard and factory lagged hot water cylinder. Door to:
Living Room: 18'x10'5" With two double glazed windows to the front elevation and base and wall
kitchen units incorporating a stainless steel single drainer sink, space and plumbing for a washing machine, space for a cooker and refrigerator.
Bathroom: With a white suite comprising a panelled bath with shower attachment, adjacent ceramic wall tiling, low level WC, pedestal wash basin and a tiled splash.
Bedroom: 9'8" x 9'6" average. With a night storage heater and double glazed window to the rear.
Note: Further details relating to the individual shorthold tenancies may be obtained through the selling agent.
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