A fantastic opportunity for investors to purchase a Grade II listed property presented as seven, 1 and 2 bedroom flats, all let on AST's with tenants in situ. A superb investment with an annual yield of approx. 6.33%. Please note we will require at least 48 hours to arrange access with tenants.

DESCRIPTION
Two Grade II Listed properties on one title (c.1850) presented as seven, one and two bedroom flats each with its own kitchen and bathroom and all let on Assured Shorthold tenancies. Conveniently situated in a prominent position close to the range of amenities in Shepton Mallet town centre and easily accessible from both the A37 and A361, 1 & 3 Waterloo Road is ideally located. The building is set in a good size plot with a communal garden and parking areas as well as each flat benefiting from a private secured storage cage in basement. Our clients are currently achieving an annual rental income of £44,000 offering a fantastic investment opportunity of 6.33% yield based on the current asking price.

OUTSIDE
All flats based within both 1 & 3 Waterloo road benefit from off road parking in the form of two car parks. 1 Waterloo road enjoys a car park to the left of the building with a space available for each apartment. 3 Waterloo Road benefits from a separate car park to the rear of the building accessed via a arched driveway. Please note this driveway is narrow and may not be suitable for all vehicles.

LOCATION
The historic market town of Shepton Mallet is located in the Mendip district of Somerset, five miles east of Wells, England's smallest city. Both the City of Bristol and the picturesque City of Bath, a World Heritage Site, are located just 18 miles away and easily accessible. Shepton Mallet itself offers a range of local amenities and shopping facilities including a large supermarket, leisure centre, lido with fitness centre, a choice of pubs and restaurants, dentists and doctors, a Grade I Listed church and both primary and secondary state schools. For those travelling by train, Castle Cary station (which has direct services to London Paddington) is situated only six miles away.

TENANTS
The property is offered for sale with existing tenants; copies of the AST can be forwarded from the vendor's solicitors upon purchase.

EPC'S
Copies of each EPC is available upon request.

ROOM DIMENTIONS

Flat 1 - Ground Floor.
Living - 3.00M x 3.20M
Kitchen - 3.30M x 2.00M
Bathroom - 1.60M x 1.80M
Bedroom - 1 - 3.70m x 3.00M
Bedroom - 2 - 3.60m x 1.80M
Total Grose internal 38.46m2 / 414 ft2

Flat 2 - First Floor
Living - 3.20M x 3.10M
Bathroom - 1.60M x 2.00M
Kitchen - 2.30M x 3.40M
Bed 1 - 4.50M x 2.50M
Bed 2 - 3.00M x 2.00M
Total Gross internal 40.94M2 / 441sf2

Flat 3 - Second Floor
Living 3.50M x 3.00M
Bathroom 1.70M x 1.90M
Bedroom - 4.00M x 2.5M
Kitchen - 3.10M x 2.60M
Total Gross Internal 36.50M2 / 393ft2

Flat 4 - Third Floor
Living - 3.90M x 3.10M
Bedroom - 2.50M 4.70M
Bathroom - 3.50M x 1.00M
Kitchen - 3.80M x 2.60M
Total Gross internal 33.93M2 / 365ft2

Unit 2

Flat 2 - First Floor
Living - 4.30m x 5.30m
Kitchen - 2.90m x 3.60M
Bedroom - 4.20m x 3.30m
Bathroom - 2.60m x 2.10m
Total Gross internal - 59.50M2 / 640ft2

Flat 3 - Second Floor
Bathroom - 1.80m x 1.80m
Kitchen - 3.10m x 3.00m
Bedroom - 4.00m x 2.40m
Living - 3.50m x 3.20m
Total Gross internal 36.50M2 / 393ft2

Flat 4 - Third Floor
Living 3.40m x 3.80m
Kitchen - 3.30m x 2.70m
Bathroom - 1.80m x 1.80m
Bedroom - 2.70m x 4.10m
Total Gross Internal 36.50M2 / 393ft2