This substantial Victorian detached property presents a remarkable opportunity for investors. Currently configured as six self-contained flats, it includes the potential for an additional seventh unit, thanks to planning permission granted (Ref: 25/01656/FUL). Each flat offers unique layouts ranging from one to three bedrooms, making this a versatile investment with steady rental income from long-term tenants already in place. The property features communal outdoor areas and ample parking for ten vehicles, enhancing its appeal further.
The building has undergone significant updates, including newly carpeted communal spaces and boiler installations in two flats. All essential safety systems are compliant with current regulations, ensuring peace of mind for both landlord and tenants. The character of the period property is preserved through features like high ceilings and large windows, while double glazing enhances energy efficiency.
Future enhancements could be directed toward transforming Flat 1 into two distinct units by utilizing existing outbuildings and the garage to create an attractive two-bedroom apartment with modern amenities. The quiet location provides easy access to local beaches and recreational activities, contributing to the desirability of these apartments.
This investment not only generates immediate returns but also allows room for further development in a thriving seaside town known for its vibrant cultural scene and stunning coastal views.
