5 bedroom Property for sale
£350,000
SSTC
RYDE SEAFRONT, PO33 2DL
Key features:
- Block of Four Flats
- Attractive Character Building
- Sea Views at Upper Floor
- Yards from Ryde Esplanade & Beach
- Buy to Let Investment
- Three Flats Currently Let
- Potential Gross Income upwards of £26,000 P/Annum
- Modest Communal Garden to Rear
- Well Placed for all Amenities
- No Onward Chain
Description
Save time and view first online via our Video Tour introduction to this building................Investment opportunity for landlords and investors generally. Block of four flats within attractive converted character building situated just off the seafront at Ryde. This five storey building has a flat on each floor, 3 x 1 bedroom and a two bedroom duplex over the upper two floors where interesting views of the sea are evident. There is a modest communal garden to the rear, two lower ground storage alcoves and a hard landscaped shallow frontage. Three of the four flats are currently rented and a potential gross income for full occupancy could well be £26,000 to £27,000 per annum. The building comes with freehold tenure and all flats have modern kitchens and bathroom facilities and are generally well presented.
There are two council car parks just a matter of yards away and the Ryde's iconic Union Street shops are literally 200 yards from this well placed building. Local transport links are equally nearby being situated on the Esplanade as are the mainland passenger connections to Portsmouth and Southsea. Ryde in general offers arguably one of the best selections of shops and facilities found anywhere on the Island which should help with tenant retention.
At a glance:
Flat 1 - Lower Ground floor
Entrance Hallway (14'0 max x 6'3 max) Including stairs.
Built in storage
Open Plan Living/Kitchen/Dining (17'7 x 9'11) overall dimension
Bedroom (13'2 x 10'0)
Built in Storage/Utility Cupboard
En Suite Shower Room (10'3 x 3'11)
Flat 2 - Ground Floor
Entrance
Open Plan Living/Kitchen/Dining (14'1 x 13'5) Overall dimension
Bedroom (13'10 x 10'1 max)
En Suite Shower Room (6'11x 2'11)
Flat 3 - First Floor
Entrance
Open Plan Living/Kitchen/Dining
Inner Hallway
Built in storage
Bedroom
Shower Room
Flat 4 - Second and Third Floor Duplex
Entrance Hallway
Open Plan Living/Kitchen/Dining (17'0 max x 14'0)
Bedroom 2 (13'9 x 10'3)
Landing
Bedroom 1 (17'6 x 10'3)
Shower Room (10'6 max x 7'4)
Built in Storage
Communal Garden to rear.
Lower ground Storage Alcoves.
FREEHOLD Tenure
No Onward Chain