**investment opportunity**
two, one bedroom, apartments in the town centre of Leek with an anticipated rental income of £745 calendar month generating a 7.5% yield (approximately)
This substantial town house, split into two, one bedroom, apartments which have been successfully let by the present owner.
Situated in a popular residential area of this highly desirable market town.
The Ground floor apartment is accessed via a rear entrance, the accommodation briefly comprises; lounge, kitchen, shower room, double bedroom. The first floor apartment has an entrance hall leading to : Lounge, kitchen, shower room and a large attic bedroom.
Access from a secure gated side access to the rear of the property, gaining access to the Ground Floor Apartment.
Ground Floor Apartment Accommodation
10'10 x 10'11
Laminated flooring, radiator, ceiling light, cupboard housing the gas meter and baxi wall mounted combination boiler, alcove with tiled hearth and shelving, uPVC door to the rear, under stairs storage, contemporary style radiator.
8'05 x 6'05
A range of wall and base units with work surfaces over, stainless steel sink unit with drainer, plumbing for automatic washing machine, electric cooker point, integrated dishwasher, space for fridge freezer, uPVC double glazed window with tiled sill, ceiling light.
A fitted suite which comprises: Corner shower cubicle with shower and attachment, W.C. Pedestal wash hand basin, tiled flooring, heated towel rail, uPVC double glazed window to the rear aspect, ceiling light.
10'06 x 9'11
Laminated flooring, cupboard housing the electric meters, uPVC double glazed window to the front aspect, ceiling light, tiled alcove, radiator
First Floor Apartment
13'05 x 10'05
Radiator, uPVC double glazed window to the front aspect, exposed wooden flooring, electric fire, ceiling light.
9'08 x 5'06
A range of wall and base units with work surfaces over, electric cooker, plumbing for automatic washing machine, stainless steel sink unit with drainer, part tiled walls, laminated flooring, ceiling light, radiator, uPVC double glazed window to the rear aspect.
Fitted suite which comprises: W.C. Pedestal wash hand basin, part tiled walls, ceiling light, extractor fan, tiled flooring, heated towel rail, cupboard housing the combination boiler (heatline V120)
Access to the second floor from first floor landing.
Attic Bedroom - 12'05 x 21'11
Exposed wooden flooring, skylight and uPVC double glazed window to the front aspect, ceiling light, radiator.
Access can be gained to the ground floor apartment via a side entrance, this leads to a rear yard area.
The anticipated rental income would be expected to fall, in the region of, £350 for the ground floor apartment and £395 for the first floor apartment. This would be subject to the market conditions at the time of marketing.
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Freehold
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