House - Detached For Sale

Clifford Road, Clifford Chambers, Stratford upon Avon

Asking Price £487,500


  • Three residential apartments for sale leasehold, 125 years from 2019, with three Assured Shorthold T
  • Available Separately or as a Whole
  • * Private parking (four total spaces)
  • Riverside Position
  • Approximately 5.5% gross yield

INVESTMENT OPPORTUNITY
Three residential apartments for sale leasehold, 125 years from 2019, with three Assured Shorthold Tenancies
* Private parking (four total spaces) * Riverside position * Approximately 5.5% gross yield

CLIFFORD CHAMBERS

is a very pretty small village lying approximately 2½ miles from Stratford upon Avon, off the B4632 road approached via the A3400. The village benefits from a public house, social club and church, and is a short bus ride from Stratford upon Avon.

CLIFFORD MILL

is a historic collection of buildings dating back to 1853 in an idyllic setting next to the River Stour in Clifford Chambers.

RIVERSIDE LODGE

is a character building of quality executive apartments, which uniquely benefit from both a semi-rural location whilst being close to local amenities. These include Waitrose Supermarket, the New Inn pub, Stratford Garden Centre, a social club and church.

DESCRIPTION

Recently redeveloped to an exacting standard as part of an exclusive development of just six executive apartments. Riverside Lodge uniquely benefits from both a semi-rural position and the convenience of local amenities in Stratford upon Avon just over two miles away.

FLAT ONE

* Open Plan Kitchen/Reception Room
* Two Double Bedrooms
* Two Bathrooms
* Two Parking Spaces

FLAT TWO

* Open Plan Kitchen/Reception Room
* Two Double Bedrooms
* Two Bathrooms
* One Parking Space

FLAT THREE

* Open Plan Kitchen/Reception Room
* Private Courtyard with River Views
* Double Bedroom
* Bathroom
* One Parking Space

BASIS OF SALE

The three flats are available at a consolidated price of £487,500. The vendor will consider selling as three individual investments as follows:
Flat 1 - £170,000
Flat 2 - £165,000
Flat 3 - £160,000

CURRENT TENANCY INFORMATION

Flat 1 let for 12 months from 17th May 2021 at a rental of £795 per calendar month
Flat 2 let for 12 months from 2nd July 2021 at a rental of £750 per calendar month
Flat 3 let for 12 months from 16th April 2021 at a rental of £695 per calendar month

TENURE

The properties are offered for sale leasehold for a term of 125 years from 2019, with a current ground rent payable of £125 per annum per apartment, although we have not seen evidence. Purchaser's solicitors should confirm this prior to exchange of contracts

SERVICE CHARGE

The current service charges are understood to be Flat 1 - £1,030 p.a., Flat 2 - £976 p.a. and Flat 3 - £833 p.a. These figures exclude insurance.

SERVICES

We have been advised by the vendor that mains electricity, water and drainage are connected to the properties. The flats have integrated electrical central heating and hot water systems. However, this must be checked by your solicitor before exchange of contracts.

  • Three residential apartments for sale leasehold, 125 years from 2019, with three Assured Shorthold T
  • Available Separately or as a Whole
  • * Private parking (four total spaces)
  • Riverside Position
  • Approximately 5.5% gross yield
EPC Graph for Clifford Road, Clifford Chambers, Stratford upon Avon
  • Stratford-upon-Avon Rail Station is 1.54 miles away.
  • Stratford-upon-Avon Parkway Rail Station is 2.51 miles away.
  • Wilmcote Rail Station is 3.95 miles away.
  • Bearley Rail Station is 5.24 miles away.
  • Honeybourne Rail Station is 7.06 miles away.