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Flats 1
Flats 1-6 Kingswood, Coronation Road, Cowes, Isle Of Wight
£450,000
Flats 1-6 Kingswood, Coronation Road, Cowes, Isle Of Wight
£450,000
Our Summary
- EPC Rating DCouncil Tax Band AResidential EPC: DImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
- Auction Date : 12 June 2025
- For Sale by Online Auction
Description
This self-contained block of six two-bedroom apartments is situated near the center of Cowes, a renowned yachting center. The apartments are let under Assured Shorthold Tenancy Agreements and generate a total annual income of £42,840. Each flat has its own entrance hall, living room, kitchen, two bedrooms, and bathroom with W.C. The apartments have communal gardens to the rear and are ideal for adding to a rental portfolio. The flats are currently let at varying rental rates, ranging from £500 to £695 per month, with some tenancies starting as far back as 2006. The block is sold subject to the Common Auction Conditions and Special Conditions of Sale.