Residential · Mixed Use · Freehold

A Mixed Use Investment Producing £18,000 p.a. Comprising an End of Terrace Building Arranged as a Ground Floor Shop & Three Bedroom Self-Contained Flat above with a Rear Garage & Side Store. Offered with Potential for Redevelopment (subject to obtaining all relevant consents).

260 Ferndale Road, Swindon, Wiltshire, SN2 1HB

Property type
Mixed Use
Tenure
Freehold

Description

A Mixed Use Investment Producing £18,000 p.a. Comprising an End of Terrace Building Arranged as a Ground Floor Shop & Three Bedroom Self-Contained Flat above with a Rear Garage & Side Store. Offered with Potential for Redevelopment (subject to obtaining all relevant consents). Location: The property is located on a tertiary parade in Swindon. Nearby multiples include TK Maxx, McDonalds, Tesco Extra and numerous local established traders. Transport links are provided by Swindon rail station. Note (2nd Column): The tenants have been in occupation for 7 years and we understand from the vendor that they would like to renew their lease for another 10 years. All leases are currently holding over. Viewing Details: Open House Viewings: Tuesday 4th July 12:00 – 12:30 Wednesday 5th July 12:00 – 12:30 Thursday 6th July 12:00 – 12:30 Tuesday 11th July 12:00 – 12:30 Wednesday 12th July 12:00 – 12:30 Thursday 13th July 12:00 – 12:30 Tuesday 18th July 12:00 - 12:30

Financial Tools

Your estimated monthly payment
£750.37/mo
Deposit £45,000 (25%) Loan £135,000 Interest £90,112
Total cost £225,112 Total interest £90,112
Property price£180,000
Deposit25%
£45,000
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

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