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Wilfred Owen Close, Oswestry Offers in the Region Of £450,000

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  • 1 Bedroom Ground Floor Apartment
  • Entrance Hall
  • Open Plan Kitchen/Living Area
  • Large Bedrooom, Bathroom
  • Gas Central Heating
  • Double Glazing
  • Communal Garden/Drying Area
  • EPC Rating

A rare opportunity to purchase an investment property comprising of 8 one bedroom apartments all situated within a well maintained Grade II Listed block situated in a established residential location close to the centre of the popular market town of Oswestry. The rent roll currently totals around £40k p.a. and has always achieved high levels of occupancy. All of the apartments are currently let with individual rents ranging from £4,420 p.a. to £5,200 p.a. The property itself stands in a generous plot with ample parking and communal outdoor space with potential for further development (subject to any necessary planning consents).


Location

Llys House which is a prominent building set within an established residential area in the market town of Oswestry. The town centre is within easy walking distance and contains a host of shops, schools and other amenities. Easy access onto the A5/A483 provides direct links to the larger towns of Shrewsbury, Wrexham and the city of Chester. The town has an excellent bus service whilst the nearby train station at Gobowen provides direct services to Birmingham and Manchester.

Accommodation

The main property is constructed of brick and is approached over a tarmac driveway with adjoining parking area. The main block houses 6 apartments, 5 of which (Numbers 2-6 are accessed off the main communal Hallway) whilst Number 1 has its own separate access. Apartments 1A and 1B are both ground floor units situated at the rear of the main block and have there own access doors.

Apartment 1

Situated on the ground floor with its own individual access door. This apartment is currently empty but usually lets for around £5000 p.a. Shropshire Council Tax Band A. EPC Rating D (57) The accommodation comprises:

Kitchen

16' 8'' x 7' 10'' (5.08m x 2.39m)

Fully fitted kitchen and radiator.

Lounge

16' 7'' x 15' 1'' (5.05m x 4.6m)

Inglenook Fireplace and radiator.

Bedroom

12' 4'' x 10' 4'' (3.76m x 3.14m)

Radiator.

Bathroom

7' 7'' x 4' 5'' (2.31m x 1.34m)

With paneled bath, pedestal wash hand basin, low level flush W.C., radiator and 'Worcester' gas fired boiler.

Apartment 2

Situated on the ground floor of the main block. This apartment is currently let at £100 per week. Shropshire Council Tax Band A. EPC Rating C (70).

Hallway

Radiator.

Bedroom

10' 4'' x 8' 11'' (3.16m x 2.72m)

Radiator

Bathroom

8' 4'' x 7' 8'' (2.54m x 2.34m)

Bath with shower over, wash hand basin, W.C and radiator.

Kitchen/Living Room

11' 11'' x 15' 0'' (3.63m x 4.58m)

Fitted Kitchen, radiator and 'Worcester' gas fired boiler.

Apartment 1B

Situated on the ground floor to the rear with a separate access and parking area. This apartment is currently let at £85 per week. Shropshire Council Tax Band A. EPC Rating D (59).

Kitchen

10' 2'' x 7' 1'' (3.09m x 2.15m)

Fitted kitchen with radiator and gas fired boiler.

Lounge

11' 8'' x 9' 10'' (3.55m x 3.0m)

Radiator.

Inner Hallway

Bedroom

12' 1'' x 9' 3'' (3.68m x 2.81m)

Radiator.

Bathroom

8' 6'' x 5' 1'' (2.6m x 1.55m)

With a panel bath, wash hand basin and W.C.

Apartment 1A

Situated on the ground floor to the rear with a separate access This apartment currently has a rental income of £433 pcm Shropshire Council Tax Band A. EPC Rating D (63).

Hallway

Radiator.

Bathroom

10' 0'' x 5' 10'' (3.05m x 1.79m)

Paneled bath, wash hand basin, W.C. and radiator.

Living/Kitchen

14' 11'' x 14' 1'' (4.54m x 4.30m)

Fitted kitchen with gas fired boiler.

Bedroom

16' 10'' x 6' 0'' (5.14m x 1.84m)

Radiator.

Apartment 3

Situated on the first floor. This apartment is currently let for £95 per week. Shropshire Council Tax Band A. EPC Rating E (46)

Living/Kitchen

15' 1'' x 11' 5'' (4.59m x 3.49m)

Fitted Kitchen with wall mounted heater.

Bedroom

12' 4'' x 10' 5'' (3.77m x 3.18m)

Electric wall heater

Bathroom

8' 3'' x 6' 4'' (2.52m x 1.92m)

Paneled bath, wash hand basin, low level flush W.C. and Airing Cupboard.

Apartment 4

Situated on the first floor. This apartment is currently let at £95 per week. Shropshire Council Tax Band A. EPC Rating E (40).

Kitchen/Living Room

14' 11'' x 11' 9'' (4.54m x 3.59m)

Fitted kitchen with electric heater.

Bedroom

10' 3'' x 12' 1'' (3.13m x 3.68m)

Electric heater.

Bathroom

12' 4'' x 6' 11'' (3.77m x 2.10m)

Paneled bath, wash hand basin and W.C.

Apartment 5

Situated on the second floor. This apartment is currently let at £433 pcm Shropshire Council Tax Band A. EPC Rating E (39)

Kitchen/Lounge

16' 4'' x 15' 1'' (4.98m x 4.60m)

Fitted kitchen with electric wall heater.

Bedroom

12' 4'' x 10' 6'' (3.75m x 3.19m)

Electric heater.

Bathroom

8' 3'' x 6' 2'' (2.51m x 1.87m)

Bath with shower over, low level flush W.C., wash hand basin and heated towel rail.

Apartment 6

Situated on the second floor. This apartment currently is currently let at £95 per week. Shropshire Council Tax Band A. EPC Rating E (39)

Lounge

14' 0'' x 11' 11'' (4.27m x 3.62m)

Electric wall heater.

Kitchen

7' 4'' x 7' 5'' (2.24m x 2.26m)

Fully fitted kitchen.

Bedroom

11' 5'' x 10' 4'' (3.49m x 3.14m)

Electric wall heater

Bathroom

7' 5'' x 4' 8'' (2.26m x 1.41m)

Bath with shower above, low level flush W.C. and wash hand basin.

Outside

The property stands in generous grounds which provide ample communal garden space. There are also tarmac car parks to the front and rear providing ample off road parking.

Development Opportunities

In the Selling Agents opinion there is the potential for a building plot within the grounds subject to planning consent.

Tenure

We are informed that the property is Freehold. All of the tenancies are with Assured or Assured Shorthold Tenancies. For further details please contact the Selling Agents.

Directions

From Oswestry town centre proceed south along Salop Road (B4579) before turning left onto Middleton Road. Continue straight over the 1st mini roundabout before taking the turning right at the 2nd mini roundabout onto College road. Take the 1st turning left onto Llys Road and continue before taking the 4th turning left onto Wilfred Owen Road. Turn right onto Wilfred Owen Close and bear right will the property will be found.


Wilfred Owen Close
Oswestry SY11 2ND
County: Shropshire
Sale Type: For Sale
Ref #: OPS 9765

P: 01691 652367

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