£925,000

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Summary

- Type
- Tenure
- Approx Size m2/ft2

Description

Dicq Apartments is a three-story mid-terrace townhouse that has been

converted into a Registered Lodging House with 9 individual units, making it a

highly versatile property offering significant potential for both staff

accommodation and income generation.

The ground-floor one bedroom apartment (currently the caretaker’s unit)

comes with the benefit of an outdoor area.

The other eight units each have their own kitchen and shower room to ensure

privacy and comfort for all occupants.

Two of the units are registered as follows:

2x two adults and a child

5x two adults

2x single occupancy only.

All services are on the mains excluding gas.

Tenure

Flat Registered for Facilities Rent PW Notes

1 Two Adults + One Child under 5 En suite £200.00 Occupied

2 Two Adults En suite £175.00 Occupied

3 One Adult En suite £175.00 Occupied

4 Two Adults + One Child under 5 En suite £220.00 Occupied

5 Two Adults En suite £210.00 Occupied

6 Two Adults En suite £220.00 Occupied

7 Two Adults En suite £203.08 Occupied

8 Two Adults En suite £276.92 Occupied

9 One Adult En suite £156.92 Occupied

The lodging house currently receives approximately £95,500 per annum.

Asking Price

£925,000


The property is being offered by way of a Freehold Sale. The lodging house
units are let to multiple lodgers on simple license agreements, in line with the
normal practice.

Legal Costs

Each party is to bear their own legal costs.




Please call Sarre & Co on 880 880. Please note that all areas and measurements given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only.

Once an offer is accepted and negotiations for the purchase of a property are entered into, the prospective purchasers will be asked to produce photographic identification(passport or driving licence) and proof of residency documentation eg, a current utility bill together with confirmation of source of funds.This is in order for us to comply with the current Money Laundering Legislation.
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Mortgage Calculator

£
35 yrs
60% 2 year tracker - 4.70%
With a 40% deposit of £370,000 on a property valued at £925,000 your monthly payments would be£2,695.74

Stamp Duty

Calculated on the property value of £925,000 the total stamp duty would be £21,875
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

Sarre & CoEstate AgentsContact us about this or any of our listed properties.