Block of flats for sale

South End, Boston PE21

Location...
The historic market town of Boston is located approximately 115 miles to the north of London on the South Lincolnshire Fens and has a twice weekly market, a strong retail offering, large hospital, port and good leisure facilities.

It is estimated the town has a population in excess of 68,000 residents and is approximately 35 miles to the north-east of Peterborough, 35 miles to the south-west of Lincoln, 35 miles to the east of Kings Lynn. It has a main railway station to Grantham and Nottingham, main road connections being the A16 trunk road and the A52 trunk road.

South End is located to the south of the town centre overlooking the River Haven.

Description...
The South End Portfolio:
These properties were completed in 2018 forming an attractive arrangement of terraced houses arranged in two blocks with one apartment.

The houses are two, three and four bedroomed with the apartment having a spacious two bedroomed layout.

The properties benefit from modern amenities and heating, with an enclosed bin store, communal facilities include a lawned garden, communal off street parking area and gated entrance.

The site area of the development is estimated to extend to 0.12 hectares, 0.3 acres and is designed to be low maintenance and highly attractive to the professional landlord in terms of upkeep.

7B South End 2 Storey House 3 Beds 1,100sqft
7C South End Second Floor Apartment 2 Beds 900sqft
7D South End 3 Storey House 3 Beds 1,300sqft
7E South End 3 Storey House 3 Beds 1,300sqft
7F South End 3 Storey House 3 Beds 1,300sqft
7G South End 3 Storey House 4 Beds 1,350sqft
7H South End 3 Storey House 4 Beds 1,320sqft
Total 8,570sqft

Services...
All of the properties have individual metered supplies.

Income...
The Portfolio produces a combined gross income of £75,000 per annum.

Tenure...
Each individual unit is let on an Assured Periodic Tenancy.

The Portfolio is for sale freehold subject to the benefit of the occupational leases.

The purchase is available by way of Share Transfer if required.

EPCs...
Individual properties have Energy Performance Asset Ratings ranging from B83-B87. Further details are available on request.

Outgoings...
Each property is individually assessed for Council Tax ranging from A to C, further details available on request.

Viewing...
Viewing is strictly by appointment through the Agents:
Poyntons Consultancy.