Property description

A rare opportunity to purchase a Substantial Investment Property located in the centre of the Market Town of Oswestry.
The three storey terraced property is listed and has a date stone of 1804.
The internal accommodation has historically been converted to afford a total of seven self-contained flats majority with gas central heating whilst a pair of "bungalows" at the rear afford single bedroomed accommodation.
Currently offering an annual rental income of £48,636, the whole is offered freehold subject to existing tenancies.

Accommodation:

The property offered comprises a total of 9 individual units as detailed below together with Energy Efficiency Ratings:

1 Willow Cottages: 1 bed bungalow: 34sqm C(74)
2 Willow Cottages: 1 bed bungalow: 31sqm C(72)
Flat 1: G/floor flat: 62sqm D(59)
Flat 2: G/floor Flat: 131sqm D(62)
Flat 3: Mid/floor flat: 22sqm E(43)
Flat 3A: Mid/floor flat: 46sqm E(50)
Flat 4: Mid/floor flat: 83sqm D(67)
Flat 5: Top/floor flat: 104sqm D(56)
Flat 6: Top/floor flat: 106sqm D(56)

The flats occupying the main building afford: 4 x 1 bed, 1 x 2 bed and 2 x 3 bed accommodation.

Tenure: All units are currently occupied by virtue of Assurred Shorthold Tenancies. The freehold is being offered subject to the existing tenancies.

Services: All mains services are connected. Full Landlord Gas Safety Certification and eicr reports are available on exchange of contracts.

Viewing: As all units are occupied the interest is being offered on the basis of "as seen" with no internal inspection.

Negotiations: Genuine expressions of investment interest are invited to be submitted to the selling agents. Documentary evidence of immediate funding availability and capability of completing the purchase within 6 weeks of receiving contract documentation will be required prior to consideration by the client.

Suitable potential purchasers will be informed of their acceptance and invited to place bids.<br /><br />
Amenities

Individual residential investment opportunity

All self-contained units with majority benefitting from gas-fired central heating

Situated in the heart of the town fronting the one way street

Main building constructed approx 1804 (date stone on front elevation), listed and part of the Conservation Area of the town

The 1,2 and 3 bedroomed flats and cottages range from 22sqm to 131 sqm

Communal entrance off Willow Street and rear walk-thru's to the semi-detached cottages

Annual rental of £48,636