£650,000Asking price
High Street, Bishops Waltham, Southampton, Hampshire, SO32
property for sale
Property Information
- Council Tax: B
- EPC Rating: D
Key Features
- Investment opportunity
- Mixed residential and commercial
- Period building
- Two first floor flats
- Two ground floor shop units
- Prime location on Bishops Waltham High Street
- All units currently tenanted
- Rental income of £44,000 pa
Description
Investment purchase.
A rare opportunity to acquire this period village property currently arranged as a mixed use residential and commercial investment.
The property is set in a prime location on Bishops Waltham High Street and comprises two self contained residential flats on the first floor, and two retail units on the ground floor, with a further basement. The property is well kept internally and includes character features such as exposed beams.
The apartments are currently let under assured shorthold tenancies and there are also established leases in place for the shops.
The whole building produces an annual rental income of £44,000.
Please enquire for further tenancy and lease information, or for a viewing appointment.
NB - Grade II listed building.
ADDITIONAL INFORMATION
Materials used in construction: Brick
It is one of the oldest buildings in Bishops Waltham. It was renovated in the 80's and had a new roof just before the current owner purchased it; 10 years ago.
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Property Calculators
£2,831.62per month
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Stamp Duty Calculator Tax: £22,500
You have to pay Stamp Duty Calculator:
0% between £0 and £125,0002% between £125,000 and £250,000
5% between £250,000 and £925,000
Your effective Stamp Duty Calculator rate is 3.462%
properties over £500000 do not attract first time buyer relief
9.23%Estimated rental yield
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