Town house for sale in Pershore WR10, 2 Bedroom

Purplebricks are delighted to offer this superb investment opportunity open to cash buyers only. This is a rare option to acquire the lease for two fully renovated charming properties located within a highly desirable central position within Pershore. Due to the lease length being 20 years, this can only be an investment open to a lucky few.
The two properties have been rented out for the last four years and have great investment potential.

The lovely period building is thought to date back to the 1800’s. It has been extended in the 1970's and renovated in 2014 to make two well presented dwellings. It benefits from a fresh neutral décor, new carpets, kitchens and bathrooms. Both properties have been rewired and fitted with gas central heating.

Property Description

Kirk Cottage is approached via a side door opening to a hallway, with versatile reception off, being an ideal downstairs bedroom if desired with Velux skylight. A newly fitted kitchen comprises a range of matching wall and base units, with granite effect worktops incorporating an inset stainless steel sink and drainer, ample space for an electric cooker and appliances, coordinated with stylish tiled surrounds and contrasting vinyl tiled flooring, whilst enjoying tremendous natural light with a large Velux skylight.
Off the kitchen is an impressively spacious open living room, enjoying an inglenook style feature fireplace with featuring spotlighting, creating a lovely central focal point, as two front aspect windows, including a feature bay. With useful built in storage, a door to the front and stairs rising to the first floor.

Upstairs uncovers a lovely open landing leading to the generous double bedroom, with front aspect view and newly fitted shower room. Comprising a contemporary suite with fully paneled shower cubicle, wc and pedestal wash hand basin, coordinated with paneled surrounds, vinyl flooring and fitted with an extractor.

Separate Property

"The Belfry", No 16a is approached from the other side of the building with entry to a side hall that in turn accesses the downstairs shower room. Comprising of a newly fitted contemporary suite with fully paneled shower cubicle, wc and pedestal wash hand basin, vinyl flooring and fitted with an extractor and having a side obscured window.
From the side hall, steps lead down to the newly fitted kitchen, which has a range of matching wall and base units, with granite effect worktops. There is an inset stainless steel sink and drainer and ample space for an electric cooker and appliances. The large Velux skylight floods the kitchen with natural light illuminating the stylish tiles and vinyl floor tiles.
Off the kitchen is a cosy sitting room, which enjoys a dual aspect with windows to both the side and front and has a feature fireplace, creating a lovely central focal point, as well a useful built in storage area under the stairs. A door allows access through to the entrance hallway, with front door and stairs rising to the first floor, where a generous double bedroom can be located with front aspect window.

Lease Information

The property is understood to be Leasehold with 20 years remaining. The tenant will have no contractual right to renew this Lease to acquire the reversion or another lease of the Property or to acquire an interest in other land.
Subject to the terms sets out in the lease, the purchaser of the lease will pay 20% of the monthly income from the subletting of the 2 properties. Currently, this is paid monthly on the receipt of monies from the sitting tenants.