3 bed property

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3 bed property

Frederick Place, Weymouth DT4
£495,000

Our Summary

  • A Home With Income or Investment Opportunity to purchase this Grade II Listed four storey terrace property, The ground floor is let to Bet Fred at £30,000 there lease expired in 2023 and they are holding over
  • The upper floors are vacant and offer flexibility how they are used subject to planning permission
  • Investment Opportunity / home with income

Description

This Grade II Listed four-storey terrace property offers a unique investment opportunity or a home with income. The ground floor is currently let to Betfred at £30,000 per annum, with the lease expiring in 2023 and the tenant holding over. The first floor has two vacant suites and a store room, while the second and third floors feature a self-contained three-bedroom maisonette with a west-facing balcony. The upper floors are vacant and offer flexibility for use, subject to planning permission. The property has a traditional construction with brick elevations and a pitched roof, and is connected to mains electric, water, and drainage. The location has a very low flood risk, and utility supplies are available. The property is situated in a prime location with strong phone signal strength and coverage, and broadband speeds are estimated to be standard 19 mbps, superfast 80 mbps, and ultrafast is not yet available.