Farrier Court, 1 New Road, Bourne End, Buckinghamshire, SL8 5DB
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Read more Read moreA 2-storey block of 5 apartments occupying a site of 0.27 acres. We are selling the leasehold interest in 2 x 1-bedroom and 2 x 2-bedroom apartments together with an option to acquire the freehold. 3 of the apartments are let producing £1200 pm (Apts 1 & 3) and £800 pm (Apt 4), Apartment 5 is vacant. Potential to increase rental income, extend the block and develop the site (subject to planning). Flats 1, 3, 4 & 5 are included in the sale. Flat 2 is sold off on a lease (51 years unexpired). Potential for an additional floor and development of the plot to create a detached dwelling, subject to planning. The flats offer spacious accommodation and are well-presented. We estimate that current market rents equate to a combined £65,000 - £70,000 pa.
