Choice Property
25-27 Mercer Row
Louth
LN11 9JG
Church Street, Alford
Price £175,000
5 Bedroom House - Detached
- Detached Residence Containing Three Self-Contained Flats
- Flat 1 - Two Bedroom Ground Floor Flat
- Flat 2 - Two Bedroom First Floor Flat
- Flat 3 - Second Floor Studio Flat
- Sweeping Gravelled Driveway With Parking For All Flats
- Large Outdoor Space With Potential For A Building Plot
- Impressive Investment Opportunity
- Rental Income Of £14,744.00 Per Annum
- Grade II Listed 18th Century Building
- Individual Gas Central Heating To All Flats
Choice Properties are delighted to bring to market this impressive Grade II listed 18th century detached residence containing three self-contained flats. The property provides an exciting investment opportunity to any prospective buyer as it is currently generating £14,744.00 of rental income per annum. The residence is comprised of a couple of two bedroom flats and a further studio flat. The property additionally benefits from a generous amount of outdoor space which has the potential to be used as a further building plot. With a multitude of options available, early viewing is highly advised.
Overview
St. Wilfred's House is a Grade II listed detached property comprised of three self contained flats spread across three floors. The property was constructed in the late 18th century. A front entrance door leads to a communal hallway and staircase that leads to all three flats.
Ground Floor
Flat 1
Flat 1 is a two bedroom flat comprising of the following rooms. The flat is currently generating the rental figure of £351.00 every four weeks. The EPC rating of this flat is D.
Hallway
Living Room
5.06 x 4.56 (16'7" x 14'11")
Kitchen
4.04 x 2.87 (13'3" x 9'4")Wall and base units. Built in oven. Gas hob.
Bedroom 1
3.56 x 2.81 (11'8" x 9'2")
Bedroom 2
4.55 x 4.42 (14'11" x 14'6")
Bathroom
Comprised of a three piece suite.
First Floor
Flat 2
Flat 2 is a two bedroom flat comprising of the following rooms. The flat currently generates a rental figure of £500.00 per calendar month. The EPC rating of the flat is D. A new gas boiler has been installed in this flat.
Hallway
( )
Living Room
5.19 x 4.16 (17'0" x 13'7")
Kitchen
4.25 x 3.43 (13'11" x 11'3")Fitted with wall and base units.
Bedroom 1
4.59 x 3.48 (min) (15'0" x 11'5" (min))L shaped Bedroom.
Bedroom 2
3.13 x 2.96 (10'3" x 9'8")
Bathroom
Fitted with a three piece suite.
Second Floor
Flat 3
Flat 3 is a studio flat comprising of the following rooms. The flat currently generates a rental figure of £330.00 per calendar month. The EPC rating of the flat is E.
Living Room/Bedroom
5.13 x 3.49 (min) (16'9" x 11'5" (min))
Kitchen
3.51 x 2.95 (11'6" x 9'8")
Shower Room
Fitted with a three piece suite comprising of a shower cubicle, wash hand basin, and WC.
Outside
The property features a large gravelled driveway that sweeps around the property and contains parking spaces for all of the flats. Beyond the driveway is a large laid to lawn area that is lined with various plants, trees, and shrubs that add life and colour to the garden space. This garden space has further potential to be used as a building plot.
Further Information
- Grade II Listed Property
- Combined Gross Rental Income Of £14,744.00 Per Annum
- Mains Gas, Electricity, Water, & Drainage
- Late 18th Century Residence
- Solid Brickwork Build Beneath Concrete Tiled Roof
- All Flats Are In Council Tax Band A
Tenure
Freehold.
Viewing Arrangements
Viewing by Appointment through Choice Properties - Alford 01507 462277
Opening Hours
Monday - Friday: 9:00am - 5:00pm
Saturday: 9.00am - 3.00pm
Making An Offer
If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you. Under money laundering regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence. If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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