Bran End, Dunmow, CM6

Summary

THOUGH CURRENTLY BEING MARKETED AS A FREEHOLD GOING CONCERN, THE PROPERTY COULD ALSO BE MADE AVAILABLE AS VACANT POSSESSION IF A PURCHASER WAS INTERESTED IN CONVERTING THE PROPERTY TO A SINGLE DWELLING. THIS WOULD OBVIOUSLY BE SUBJECT TO AND REQUIRE THE USUAL PLANNING APPLICATION, PERMISSIONS AND CONSENTS. Located on the outskirts of the popular village of Stebbing is this stunning and substantial Grade 2 Listed former Mill now converted in to 4 apartments, boasting a 4-car garage bloc, ample additional parking and large gardens laid mainly to lawn. The property further benefits from stunning countryside views. The Basement apartment has 2 bedrooms, lounge, kitchen and bathroom. The First-Floor apartment has 2 bedrooms, lounge, kitchen and bathroom. The Second-Floor apartment has 2 bedrooms, lounge, kitchen and bathroom. The Top Floor apartment has a studio/bedroom, open plan lounge with vaulted ceilings and bathroom. Information provided by client: Apartment 1 - £1200.00 PCM = £14,400 PA Apartment 2 - £1000.00 PCM = £12,000 PA Apartment 3 - £800.00 PCM = £9,600 PA Apartment 4 - £900.00 PCM = £10,800 PA We are led to believe from the client that all apartments are on Assured Shorthold Tenancies and that they are all currently running periodically. Total - £3900.00 PCM Total - £46,800.00 PA Circa 5% Yield EPC - Band D For further information on this opportunity please call our offices and ask for Lee Fuller.