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A large mid terraced Victorian Property arranged over 5 floors with enclosed rear garden and off street parking space. ( 3327 Sq Ft )
The property is currently arranged as an 8 Bedroom Student Let and is offered in good condition with modern heating system and fire safety system.
Leasehold - residue of 999 years.
BASEMENT
Communal Kitchen, lounge and washing facilities
GROUND FLOOR
Two Bedrooms
FIRST FLOOR
3 Bedrooms
SECOND FLOOR
3 Bedrooms
TOP FLOOR
Attic space formerly a one bedroom flat - requires modernisation.
The property occupies a prime position in Weston Super Mare and is conveniently located within close proximity of a wide range of local amenities situated within the Town Centre and WESTON COLLEGE
There is excellent access to the M5 Motorway and a railway line to Bristol and London whilst Weston-super-Mare railway station is approximately 1 mile to the south and Bristol International Airport is approx 15 miles to the North East.
Bristol - 24 Miles
Taunton - 29 Miles
Clevedon - 12 Miles
Excellent long term investment or development opportunity in this Central Location.
INVESTMENT
The property was recently let to a group of 8 Students on AST agreements generating an income of £95 per week per room for a period of 42 weeks per annum - £31,920 (academic year 15/16)
There is scope to create a further 2 rooms in the attic to further increase the income.
Currently let inclusive of all bills.
Copies of AST agreements available to download with the online legal pack.
DEVELOPMENT
Planning has previously been sought for conversion to 4 Flats - please refer to details below.
We understand the property will be sold with vacant possession.
Application type: Full Planning Permission
Development: Change of use from residential institution (C2) to 4 x self contained flats(C3).
Location: 35 Lower Church Road Weston-super-Mare BS23 2AQ
Application no: 13/P/0211/F Decision date:
Parish: Weston-super-Mare Agent: Apex Planning
124 High Street Nailsea BS48 1AW
Valid date: 05 Feb 2013
Applicant: Mrs Jill Whittemore
5 Paragon RoadWeston-super-MareBS23 2DA Consultation expiry date: * 14 Mar 2013
Appeal reference: Appeal decision date: