Residential Portfolio

Description:
These 10 let houses are situated in a terrace of 12 properties. The site plan shows the 2 properties, highlighted in yellow, which are not owned by our client. These 2 properties are privately owned by separate vendors. The 10 houses being marketed are a mixture of 5 two bed and 5 three bedroom properties. Included in this brochure are 2 floorplans showing a generic layout for both house types but please note the actual layouts of each of the houses does vary slightly. The properties have been let for many years and although have been maintained there is some modernisation required which does vary from house to house depending on any recent updated works. All the properties are let and currently generating an annual income of £114,540.00. Also please note on the site plan there is an area that is shaded blue which refers to a site for a potential building plot for a detached 2 bedroom new dwelling. Permission was granted for this construction but has now lapsed. Currently an application is pending with West Berkshire Council for the permission to be renewed and is hopeful that this will be successful. The application for the reference relating to this plot is 22/02746/FUL.

Outside:
Originally to the front of the properties there were long front gardens leading from the main road to the properties. More recently these gardens have been removed and is now one large open area providing ample parking for each property together with an area of open space that is enjoyed by the residents. This area lends itself to further residential development subject to planning permission. Behind each house there is a rear enclosed garden which faces south and backs onto a school playing field. In total the overall plot measures approximately 1 acre.

Services:
All properties have mains services connected including separate gas fired central heating systems and are connected to mains sewage.

Marketed by: Carter Jonas, Newbury Residential