Newtown, Gloucestershire

Four Flats - Two With Two Bedrooms and Two With One Bedroom
Potential Rental Income of £35,340 When Fully Let
Residential investment Opportunity
Ground Floor Flats With Gardens
Close To Amenities and Local Schools
Block Paved Driveway
Scope To Increase Rental Yield
Close To The A38 And Junction 14 of the M5, Ideal For Commuters
All Units With An Open-Plan, Sociable Layout
Stroud District Council - Band A
An exciting, fully let residential investment opportunity consisting of four flats – two with two bedrooms and two with one bedroom – created through the conversion and extension of the original property (Planning permission ref: S.09/0636/FUL). Together, the four flats have a potential rental income of approximately £35,340 per annum. The property has driveway parking to the front and is offered for sale with no onward chain.
Flat 6 is the largest unit sitting on the ground floor. It has its own entrance, opening into a bright and well-proportioned reception room. There are two bedrooms, a double with built-in storage and one single. The kitchen features contemporary gloss cabinetry, a gas ring hob and opens onto a good-sized patio with a vegetable patch and an outbuilding for garden storage.
Flat 6a is on the ground floor, accessed through the communal entrance. The property has an open-plan kitchen and reception room – providing a sociable and light layout for everyday enjoyment. The kitchen features a breakfast bar, gas hob and modern cabinetry. Adjacent is the shower room with the gas boiler and a double bedroom overlooking the front. This unit benefits from a patio and outbuilding.
Flat 6b occupies the left-hand side of the first floor. It’s open plan design incorporates the kitchen to the rear with a gas ring hob and breakfast bar. The carpeted reception area offers a generous size with overstairs storage. Two bedrooms, a double with built-in storage and a single, and a shower room complete the accommodation. The flat has been carefully maintained during the tenants' approximate three-year occupation.
Flat 6c occupies the right-hand side of the first floor. The open-plan kitchen and reception room make good use of the available space, enjoying plenty of natural light from the dual aspect. The kitchen features gloss cabinetry, a breakfast bar and gas ring hob. The accommodation also includes a double bedroom and shower room. A new tenant has been secured for the unit.
Directions
Travelling from the A38 proceed towards Berkeley on the B4066 in a southerly direction and on approaching the roundabout take the second exit onto the bypass road, proceed to the next roundabout taking the second exit and continue on this road for approximately three quarters of a mile, turning right signposted Newtown and Sharpness, proceed under the railway bridge and follow the road as it bears round to the right and the property will be located on the left hand side, just after the shop at the very end, opposite the primary school.