Duplex Apartment, Palmers Elm... 4 bed maisonette for sale

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Duplex Apartment, Palmers Elm... 4 bed maisonette for sale

Duplex Apartment, Palmers Elm, Hewish, North Somerset, BS24 6RN
£49,000

Our Summary

  • FOR SALE BY ONLINE AUCTION - Lot 14 - Flats for Owner Occupation/Investment ONLINE AUCTION from 20th MAY - 22nd MAY A spacious maisonette apartment with 4 bedrooms, kitchen, lounge, bathroom and attic
  • 7 Palmers Elm: £256,000(Semi Detached, Jan 2021) 2 Palmers Elm: £243,000 (Semi-detached, Sep 2015) Rental opportunity Refurbish and rent on the open market to a family; market rent would be £1275PCM Refurbish and get planning for a 4 Bedroom HMO apartment £2740 PCM based on 4 rooms let at £685PCM

Description

This spacious maisonette apartment is being sold through an online auction and is located in Hewisham, close to amenities and a local college. The property has 4 bedrooms, a kitchen, lounge, bathroom, and attic, with the attic having partial conversion started to create more space. The flat measures 102sqm and is a buy-to-sell opportunity, with a guide value of £179,000 post-refurbishment. The property has potential for rental income, with options to rent on the open market, as a 4-bedroom HMO apartment, or for short-term lets. The property is being sold as a leasehold with a 999-year lease and £1 ground rent, with the share of freehold to be verified. A virtual tour is available for viewing.