A brilliant investment opportunity to purchase a block of five recently converted apartments finished to a very high standard set in the heart of Kenilworth town centre with just over £62,000 income a year. The block consists of three one bedroom apartments and two, two bedroom apartments. Each apartment has been tastefully designed and finished to a high standard and have been easily let year on year. Each apartment has one parking space per unit.
The property is within walking distance to the high street, local shops, amenities and Kenilworth train station. Supermarkets like Waitrose, Sainsburys just up the road with a plethora of good restaurants, pubs and bars. This property has huge potential to extend further to make a superb family home and is also offered with the benefit of no upward chain.
Accommodation and Rental schedule below.
Flat 1- 1 Bedroom Apartment - Let at £895pcm
Flat 2- 2 Bedroom Apartment - Let at £1045pcm
Flat 3- 2 Bedroom Apartment - Let at £1150pcm
Flat 4- 1 Bedroom Apartment - Let at £995pcm
Flat 5- 1 Bedroom Apartment - Let at £1000pcm
Total £5085pcm
There is a substantial basement where each apartment has its own area for storage.
We have been advised by the current owners that all bills and council tax are paid by the tenants. Please note you are buying the freehold.
Ground Floor -
Apartment 1 -
Lounge/Kitchen - 5.36 x 3.54 (17'7\" x 11'7\") -
Bedroom - 4.54 x 2.35 (14'10\" x 7'8\") -
Shower Room -
Apartment 2 -
Lounge/Kitchen - 4.78 x 4.17 (15'8\" x 13'8\") -
Bedroom 1 - 4.14 x 3.70 (13'6\" x 12'1\") -
Bedroom 2 - 5.59 x 2.23 (18'4\" x 7'3\") -
Bathroom -
First Floor -
Apartment 3 -
Lounge/Kitchen - 4.78 x 4.60 (15'8\" x 15'1\") -
Bedroom 1 - 4.24 x 3.70 (13'10\" x 12'1\") -
Bedroom 2 - 3.21 x 1.93 (10'6\" x 6'3\") -
Bathroom -
Apartment 4 -
Lounge/Kitchen - 4.38 x 4.17 (14'4\" x 13'8\") -
Bedroom - 4.16 x 2.37 (13'7\" x 7'9\") -
Second Floor -
Apartment 5 -
Lounge/Kitchen - 6.38 x 4.91 (20'11\" x 16'1\") -
Bedroom - 4.29 x 3.23 (14'0\" x 10'7\") -
Shower Room -