Investment Opportunity
Block of Four, One Bedroom, Self Contained Flats
Long Term Tenants in Situ
Potential to Add Value
Four Storey Georgian Building
Annual Gross Income of £26,820
Potential to Convert Basement Area, subject to planning permission
Converted in 1980
Nearby to Local Amenities
Short Ten-Minute Walk to Dover Priory
Council Tax , DDC
Freehold
CALLING ALL INVESTORS. For sale, a freehold block of four one bedroom self-contained, tenanted flats in the centre of Dover with potential to add value. 12 Castle Hill is a four storey, Georgian building believed to have been converted in 1980 to its current configuration of four individual flats that have long term tenants in situ producing an annual gross income of £26,820. There is a ground level basement area accessed from the rear of the property that could be converted to a one bed room flat with garden and own entrance, subject to planning permission.
The property consists of a shared entrance with fronts doors to each flat
Flat One First Floor
Lounge/kitchen 3.4 x 5.0
Bedroom 2.9 x 2.4
Bathroom 1.5 x 2.5
Flat Two Second Floor
Lounge/kitchen 4.5 x 4.2
Bedroom 2.9 x 2.7
Bathroom 1.8 x 1.8
Flat Three
Lounge/kitchen 4.3 x 4.2
Bedroom 2.5 x 2.5
Bathroom 1.7 x1.7
Flat Four
Lounge/kitchen 4.6 x 4.3
Bedroom 4.4 x 2.5
Bathroom 1.8 x 1.7
With local amenities on the doorstep, a ten-minute walk to Dover Priory mainline railway station and views of the new St James Retail Park. The coastal town of Dover offers a range of shopping, educational and recreational facilities as well as the Docks and seafront. The nearby A2 dual carriageway offers a fast connection to the Cathedral City of Canterbury.
IMPORTANT NOTICE FROM THOMAS AND PARTNERS
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.