Union Street, Ryde, Isle of Wight
£425,000
Guide price
Guide price
Bedrooms: 5
FOUR residential apartments. Investment opportunity.
FOUR residential apartments comprising : A studio apartment with roof terrace, TWO one bedroom apartments, and one two bedroom duplex apartment. Town centre location. Investment opportunity.
Property Description Situated in Ryde, the property is located on the main A3055. The town of Ryde has a population of circa 32,000 (2011 census) and is the largest town on the Island by population.
Located to the North of the Island Ryde provides a buoyant shopping area for boutique and multinationals alike. The property is within a short walk to the Esplanade with easy access to cross Solent operators; Hovercraft and Fast Cat, with fast links to Portsmouth and Southsea.
Offered for sale is a mid-terrace period property with FOUR residential apartments (Ccommercial unit to the ground floor is not included within the sale).
The apartments are accessed via an entrance directly from Union Street, and over the first and second floors.
The residential apartments comprise: A studio apartment with roof terrace, TWO one bedroom apartments, and one two bedroom duplex apartment. All apartments have electric heating.
The flats are let on Assured Shorthold Tenancies. For further information on the leases please contact the office. A schedule of tenancies and rental incomes are available on request.
First Floor
Studio Apartment Open-plan living/kitchen area (5.01m x 5.1m) with window to the rear elevation over-looking the roof terrace, which commands elevated sea views. Modern fitted kitchen with a contemporary range of fitted units , and integrated oven and hob.
Shower room with shower enclosure, wc and wash hand-basin.
Roof terrace with sea views.
Flat 1 Open-plan lounge/kitchen (5.33m x 5.09m), with a contemporary range of fitted floor and wall units. Large bay window to the front elevation. Space and plumbing for washing machine. Space for a large fridge/freezer. Integrated oven and hob.
Double bedroom (3.95m x 2.89m) with window to the rear elevation.
Shower room with shower enclosure, wc and wash hand-basin.
Second Floor
Flat 2 Open-plan lounge/kitchen (5.33m x 5.09m), with a contemporary range of fitted floor and wall units. Large sash windows to the front elevation. Space and plumbing for washing machine. Space for a large fridge/freezer. Integrated oven and hob.
Double bedroom (3.95m x 2.89m) with window to the rear elevation.
Shower room with shower enclosure, wc and wash hand-basin.
Flat 3 A two double bedroom duplex apartment arranged over two floors, commanding outstanding panoramic views of the The Solent ,
Entrance Hall. Storage cupboards. Window to the side elevation. Stairs to upper floor. Door to;
Opening-plan dual aspect living room/kitchen (5.09m 4.99m) with sea views. Modern fitted kitchen area with integrated fridge/freezer and electric oven and hob. Space and plumbing for washing machine.
Stairs to first floor landing. Large window with sea views. Doors to:
Bedroom 1 (4.90m x 2.62m) Large double bedroom with window to the rear elevation commanding sea views. Door to inner lobby leading to shower room.
Bedroom 2 (3.87m x 2.32m) Dual aspect double bedroom with panoramic sea views.
Shower room. Dual aspect with sea views. Suite comprising shower enclosure, wc and wash hand-basin. Door to inner lobby leading to bedroom 1.
Rental Income: Flat 1: £495 PCM
Flat 2: £525 PCM
Studio: Anticipated £450 PCM (TO LET CURRENTLY)
Flat 3: £695 PCM
TOTAL PA: £25,940 .
Council Tax Bands Flat 1
Flat 2
Flat 3
Studio Flat
FOUR residential apartments comprising : A studio apartment with roof terrace, TWO one bedroom apartments, and one two bedroom duplex apartment. Town centre location. Investment opportunity.
Property Description Situated in Ryde, the property is located on the main A3055. The town of Ryde has a population of circa 32,000 (2011 census) and is the largest town on the Island by population.
Located to the North of the Island Ryde provides a buoyant shopping area for boutique and multinationals alike. The property is within a short walk to the Esplanade with easy access to cross Solent operators; Hovercraft and Fast Cat, with fast links to Portsmouth and Southsea.
Offered for sale is a mid-terrace period property with FOUR residential apartments (Ccommercial unit to the ground floor is not included within the sale).
The apartments are accessed via an entrance directly from Union Street, and over the first and second floors.
The residential apartments comprise: A studio apartment with roof terrace, TWO one bedroom apartments, and one two bedroom duplex apartment. All apartments have electric heating.
The flats are let on Assured Shorthold Tenancies. For further information on the leases please contact the office. A schedule of tenancies and rental incomes are available on request.
First Floor
Studio Apartment Open-plan living/kitchen area (5.01m x 5.1m) with window to the rear elevation over-looking the roof terrace, which commands elevated sea views. Modern fitted kitchen with a contemporary range of fitted units , and integrated oven and hob.
Shower room with shower enclosure, wc and wash hand-basin.
Roof terrace with sea views.
Flat 1 Open-plan lounge/kitchen (5.33m x 5.09m), with a contemporary range of fitted floor and wall units. Large bay window to the front elevation. Space and plumbing for washing machine. Space for a large fridge/freezer. Integrated oven and hob.
Double bedroom (3.95m x 2.89m) with window to the rear elevation.
Shower room with shower enclosure, wc and wash hand-basin.
Second Floor
Flat 2 Open-plan lounge/kitchen (5.33m x 5.09m), with a contemporary range of fitted floor and wall units. Large sash windows to the front elevation. Space and plumbing for washing machine. Space for a large fridge/freezer. Integrated oven and hob.
Double bedroom (3.95m x 2.89m) with window to the rear elevation.
Shower room with shower enclosure, wc and wash hand-basin.
Flat 3 A two double bedroom duplex apartment arranged over two floors, commanding outstanding panoramic views of the The Solent ,
Entrance Hall. Storage cupboards. Window to the side elevation. Stairs to upper floor. Door to;
Opening-plan dual aspect living room/kitchen (5.09m 4.99m) with sea views. Modern fitted kitchen area with integrated fridge/freezer and electric oven and hob. Space and plumbing for washing machine.
Stairs to first floor landing. Large window with sea views. Doors to:
Bedroom 1 (4.90m x 2.62m) Large double bedroom with window to the rear elevation commanding sea views. Door to inner lobby leading to shower room.
Bedroom 2 (3.87m x 2.32m) Dual aspect double bedroom with panoramic sea views.
Shower room. Dual aspect with sea views. Suite comprising shower enclosure, wc and wash hand-basin. Door to inner lobby leading to bedroom 1.
Rental Income: Flat 1: £495 PCM
Flat 2: £525 PCM
Studio: Anticipated £450 PCM (TO LET CURRENTLY)
Flat 3: £695 PCM
TOTAL PA: £25,940 .
Council Tax Bands Flat 1
Flat 2
Flat 3
Studio Flat
01983 565658
Hose Rhodes Dickson - Ryde Sales
Ryde Office, 37 Union Street, Ryde
See all properties from this agentSend me homes like this by email
