DESCRIPTION
Attention all investors and developers.
A unique opportunity to purchase a substantial freehold property currently arranged as 4 separate flats, with fantastic views and scope to add value only 2 of the units are currently let generating £14,200 per annum.
Situated on Warren Road, Alpine Villa offers spectacular views over the town centre and harbour.
Currently arranged as four separate units the property briefly comprises;
Parking space to front with entry to communal hall, stairs down to the lower found floor and garden apartments.
Apartment 4 - 1 bedroom garden apartment. Currently vacant and in need of cosmetic repair. Previously rented for £525PCM.
Apartment 3 - 2 bedroom well maintained and decorated lower ground floor apartment which enjoys the fabulous views and benefits from a courtyard.
Currently let on a 6 month AST for £625PCM.
Apartment 2 - 1 bedroom ground floor apartment accessed from street level.
Currently vacant due to renovation work. Stunning full length balcony to the rear and side with foot access back to the front.
Previously let for £525PCM although now modernised we anticipate a rental of £575PCM.
Apartment 1 - 1 bedroom top floor apartment again enjoying sea views over the harbour, in good condition and currently tenanted on a 6 month AST generating £500PCM.