Residential for sale

Residential Investment Block of 17no. 2 bedroom Residential Apartments
The property is accessed via St Barbara's Close, a privately owned road located directly off the A46. The 19 purpose-built 2 bedroom flats are arranged across two detached buildings, comprising four individually accessed blocks (Blocks A-D). Each block benefits from its own entranceway, serviced by intercoms and fully intergrated fire alarm systems. The apartment blocks share a communal bin area and bike storage. 17 apartments are offered for sale. Flats 9 and 18 are subject to a Long Leashold under separate 'ownership' with each paying an annual ground rent and service charge. Flat 16 is currently under offer to be sold. The remaining open market flats are currently let on Assured Periodic Tenancies (APTs - formerly ASTs) see information pack for further details. Circa 15 car parking spaces are to be included in the Freehold Sale of the property. Overflow parking is available on St Barbaras Close for which parkings rights will be granted.
The current Passing Rent is £150,420 per annum (27/7/26), increasing to £161,280 per annum in August 2026 further to schedule rent increases. Please note the duration of tenancies above and the long-standing nature of tenants occupation, with rents having been kept low.