11 bed Block Of Apartments - For Sale
Swan Lane, Winchester, Hampshire
£1,500,000

***INVESTMENT OPPORTUNTY*** BLOCK OF SIX APARTMENTS The property is located in Winchester city centre, in a residential area just off the junction between Stockbridge Road, Station Hill, Andover Road and Sussex Street. Swan Lane is a quiet residential street comprising mainly of Victorian age properties. The property is a three-storey semi-detached residential block, dating from the late 1980's, with brick elevations beneath a pitched roof overlaid with tile. The block is made up of 1 and 2 bedroom flats; 1 on the ground floor, 2 on the first floor and 3 on the top floor. There is 5 two bedroom flats, and 1 one bedroom. Flat Measurements Ground Floor: A: 48.67 sq m - 524 sq ft B: 67.77 Sq m - 729 Sq ft First Floor: C: 57.57 Sqm - 620 Sq ft D: 67.77 Sq m - 729 Sq ft Second Floor: E: 56.66 Sq m - 610 Sq ft F: 38.74 Sq m - 417 Sq ft Comprising of six flats, with communal parking at the rear with space for six car. Access to the car park is below the ground floor, which also contains a personnel door providing a communal entrance and stairwell providing access to the upper floors. The annual income for the block totals to £80,640 with a yield of 5.3%. (Potential increase to £87,600 PA with 5.84% yield) Please note, each flat has it's own EPC which can be provided on request. Please call us for more information.