A substantial Victorian Semi-Detached property which is arranged as five self-contained apartments. The property is situated in a convenient and central residential location on St. Efrides Road a quiet residential street yet close to the town centre, district shopping parade at Lucius Street, the sea front and other amenities.
5 St. Efrides Road is arranged as five fully self-contained flats, each of which has its own gas and electricity supply and individual gas fired central heating systems. The whole of the ground floor comprises a spacious two bedroom apartment with its own private garden and on the first and second floors are a further four one bedroomed self-contained flats, ideal for letting.
Externally the property stands on a good sized garden plot which is arranged to provide car parking for each of the apartments, a private garden area for the ground floor flat and a communal garden area for the other apartments.
The property has been in the same ownership for over 30 years and is a well managed residential investment opportunity with established tenants and a gross rental income based on current rents of £28,660 per annum.