private treaty - sale status
Sold 2023
type
Freehold Investment arranged as 6 apartments, all let, producing approximately £67,000 pa with potential redevelopment opportunity
description
Description
Beaconsfield Villas is a substantial detached freehold property situated in the popular residential area of Preston Park. The property is arranged as 6 self contained apartments, with large garden , driveway and garage. All six units are currently let producing an income of approximately £67,980 pa. There is potential to extend to the rear or add another dwelling, subject to necessary consent, interested parties must rely upon their own enquiries.
Situation
Beaconsfield Villas is situated in a residential area, just minutes away from the family friendly Preston Park, with cafes and sports facilities. Fiveways with an exciting range of restaurants, coffee shops and delicatessens is just over a mile away. Brighton and Preston Park Mainline Railway Stations are under a mile away (London Victoria approximately 64 minutes.
Tenure
Freehold
Tenancies
All tenancies are on the basis of Assured Shorthold Agreements, save for the garage and Flat 3. Flat 3 is let to a statutory tenant who has been in occupation since possibly 1975. The rent, we are advised was set in June 2006 by the Rent Officer and has not been increased since that date. We do not hold a copy of the Rent Registration Sheet. Copies of all other agreements are available on request.