Investment Opportunity. Freehold. Four one bedroom apartments (with sitting tenants) situated over two floors with parking to the rear. Modernised and updated over time to provide a turnkey investment. Gas Central Heating and Double Glazing. Approximate 5.8% Yield. Viewing by appointment through Evolve Estate Agents.
Bridgewater house is a detached property comprising of four self-contained and individual one bedroom apartments with off road parking to the rear. Located towards the bottom of the town, only a few minutes' walk from the centre itself the property comprises briefly, an initial front door with intercom entry, two apartments to the first floor, a well presented communal hallway with stairs rising to the second floor and two further apartments. Over time the current vendors have maintained and improved the property accordingly.
Located to the ground floor Apartment 2 has been updated to include new flooring, redecoration and the installation of a modern kitchen and bathroom. The accommodation comprises of an initial entrance hall, further lobby area, a double bedroom with rear aspect window and a door to the parking area, a modern bathroom and an open plan kitchen/living area with a feature front aspect bay window.
Apartment 2 is in extremely good order and offers a combination of laminate, tiling and carpets throughout, a three piece white bathroom suite inclusive of WC, wash hand basin and bath, feature tiling, a heated towel rail and a shower attachment over the bath. The kitchen provides a range of modern base units, sink, an extractor and space for appliances with a laminate floor area laid next to the carpet more suited for the living area.
Apartment 2 further benefits from gas central heating and double glazing which have both been modernised in recent years.
The four properties currently let for between £450 and £500 PCM.
AGENTS NOTE:: Evolve Estate Agents market homes from Yeovil to Chard and are available for appointments with buyers and sellers from 8am-8pm including Saturdays and Sundays. Our Yeovil office is open 9am-5pm Monday-Friday.
Please note that once an offer is placed on a property and prior to removing a property from the market we will require the following where applicable:
The full name and contact details of any buyers involved.
Your estate agents contact details.
Proof of ability to purchase including a valid agreement in principle from a mortgage lender/broker and proof of any deposit.
Confirmation of which solicitor you are using including who is acting specifically for you and their contact details.
In addition, due to current Money Laundering regulations, we must carry out customer due diligence which means taking steps to identify our customers and checking they are who they say they are. In practice this means obtaining a customer's proof of identity. We will require at least two forms of identity including a photograph and a proof of address.
DISCLAIMER:: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending purchasers shouldn't rely on them as statements of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including heating and so cannot verify they are in working order or fit for their purpose. Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, any measurements that are used in this listing are approximate and usually at the maximum width or length of the room. Therefore if intending purchasers need accurate measurements for any reason then they should take such measurements themselves. Photographs are produced for general information and it must not be inferred that any items which happen to be in the photographs are included in the sale.