32 Castle Street

Guildford, Surrey, GU1 3UW

32 Castle Street, Guildford, Residential For Sale - Marketing pic.JPG
32 Castle Street, Guildford, Residential For Sale - 32 Castle Street Guildford 001 (websize).jpg
32 Castle Street, Guildford, Residential For Sale - Marketing pic.JPG
32 Castle Street, Guildford, Residential For Sale - 32 Castle Street Guildford 001 (websize).jpg
Sold
Property Type Residential
Availability For Sale
Size 2,786 sq ft
Price Residential Investment £1,750,000
Energy Performance Rating Upon enquiry

Town Centre Residential Investment For Sale. 10 minutes walk from Guildford Rail Station. Private gated car park.

Location

The premises are in an excellent town centre location close to Guildford High Street and about 10 minutes walk from the mainline station. Castle Street is in a beautiful part of Guildford close to the Castle Grounds, an abundance of restaurants and Guildford’s excellent shopping centre.

Description

The property comprises a three-storey building of traditional construction. The building was converted in 2016 into 6 flats comprising 2 studio flats (flats 3 & 5), 3 one-bedroom flats (flats 1,4 & 6) and 1 twobedroom flat (flat 2). The conversion was carried out following grant of Permitted Development Rights in February 2016. There are 6 parking spaces on-site accessed from a secure gated entrance. The residential flats are all leased on Assured Shorthold Tenancies (ASTs) to private tenants and the property is managed by the current owners.

EPC

Available on request.

Legal Costs

Each party to bear their own legal costs incurred in the transaction.

Viewings

Strictly by appointment with the sole agents.

Accommodation

The building is fully income producing and the tenancy schedule is as follows:

Flat No.

Floor area

(sq ft)

Tenancy Expiry Date

Rent/PCM

£

Annual Rent

£

Council Tax

Band

1   Basement

441

23 Nov 2019

£1,000

£12,000

B

2   Ground floor

592

16 June 2018

£1,495

£17,940

C

3   1st floor rear

366

8 January 2020

   £950

£11,400

B

4   1st floor front

581

16 July 2018

£1,250

£15,000

C

5   2nd floor rear

387

7 September 2017

   £995

£11,940

B

6   2nd floor front

581

28 January 2020

£1,150

£13,800

C

TOTAL

2,786 sq ft

 

£6,840

     £82,080 pa