Investment For Sale, Burton On Trent
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POA
Trinity Methodist Church School Hall,George Street, Burton On Trent, DE14 1DP
Type
Investment
Status
Check Availability
Size
9,652 sq ft
Key Features
- Comprising five, duplex, two bedroom apartments and two, HMO's (both comprising six bedrooms, common kitchen, living room and laundry room).
- Development potential to create a further five apartments to the front section of the building.
- Comprising approximately 896.78m2 / 9,652 sq ft net internal.
- Current rental income £69,600 per annum exclusive.
- One vacant HMO.
- Estimated rental income once vacant HMO is let is circa £100,000 per annum exclusive.
- Further potential income once the front section of the building is developed to create a further five apartments.
Property Details
The Property Comprises An Ornately Styled And Built, Two/three Storey, Detached Building With A Decorative Bell Tower, Which Occupies A Regular, Rectangular-shaped Site Fronting George Street And Has An Enclosed Side And Rear Courtyard Area, Which Provides Pedestrian Access.
The Building Naturally Divides Into Three Sections: The Frontage, Which Contains, At Ground Floor Level, The Main Entrance, One Room And Stairway To The First Floor. The First Floor In This Section Of The Building Comprises A Former Two-bedroom Apartment, Which Is Now Stripped Back To Brick, And A Stairway Leading To The Second Floor, Which Has Planning Permission To Form Three Apartments.
The Middle Section Of The Building Is In Two Parts: The Ground Floor, Which Forms Five Duplex, Two-bedroom Apartments, A Series Of Bin Stores And A Bike Store.
At The Rear Of The Building Is A Two Storey Section Converted To Hmo Accommodation And Is Arranged As A Six Bedroom Ground Floor Apartment And A Six Bedroom First Floor Apartment, Each With A Common Kitchen And Living Room And Both With A Separate Laundry Room.
The Front Section Of The Building Is Mostly Stripped Back To Brick, Waiting Reconfiguration And Refitting As A Duplex, One-bedroom Apartment On The Ground Floor And A First Floor, One-bedroom Apartment With Three Further Apartments On The Second Floor.
The Building Naturally Divides Into Three Sections: The Frontage, Which Contains, At Ground Floor Level, The Main Entrance, One Room And Stairway To The First Floor. The First Floor In This Section Of The Building Comprises A Former Two-bedroom Apartment, Which Is Now Stripped Back To Brick, And A Stairway Leading To The Second Floor, Which Has Planning Permission To Form Three Apartments.
The Middle Section Of The Building Is In Two Parts: The Ground Floor, Which Forms Five Duplex, Two-bedroom Apartments, A Series Of Bin Stores And A Bike Store.
At The Rear Of The Building Is A Two Storey Section Converted To Hmo Accommodation And Is Arranged As A Six Bedroom Ground Floor Apartment And A Six Bedroom First Floor Apartment, Each With A Common Kitchen And Living Room And Both With A Separate Laundry Room.
The Front Section Of The Building Is Mostly Stripped Back To Brick, Waiting Reconfiguration And Refitting As A Duplex, One-bedroom Apartment On The Ground Floor And A First Floor, One-bedroom Apartment With Three Further Apartments On The Second Floor.
Location
Salloway Property Consultants Ltd
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