1 High Street, Ryde
£430,000

'Clifton Cottage' is a licensed House of Multiple Occupation (HMO). This detached building has 7 individual rooms, some of which are suitable for couple/two people. All rooms enjoy the use of shared facilities including a lounge, conservatory, garden, laundry room, kitchen, bathrooms and separate w.c's. When occupied the residents were charged rent at £85 per week per room plus a service charge of £40 per week for single occupancy and £60 per week for those who shared a room. Fully occupied rental income would be £30,940 plus the service charge designed to cover the costs of heating, maintenance etc. This charming grade 2 listed detached building is situated in the most convenient of positions being just off the High Street at Ryde and as such having all the retail shops and services on it's doorstep. The nearest bus route is literally yards away and the building sits adjacent to a car park and major supermarket. The interior of the property has been obviously well maintained by the current owners meaning the new owner/investor can fill the empty rooms as soon as the transaction is completed. The outside space is limited but offers patio areas a courtyard where residents can sit and there are two parking spaces to use. In our opinion this HMO is proficiently arranged and professionally organised ready for the new owner to take the reigns.

Ground Floor

Entrance Hall (3.43m x 2.41m (11'3 x 7'11))

Inner Lobby

Communal Kitchen (6.12m max x 3.68m max (20'1 max x 12'1 max))

Communal Laundry Room (4.24m x 2.08m (13'11 x 6'10))

Rental Bedroom (5.00m x 2.39m (16'5 x 7'10))

Rental Bedroom (4.75m x 4.04m (15'7 x 13'3))

Rear Lobby

Bathroom (3.05m x 2.08m (10'0 x 6'10))

Separate W.c

1st Floor

Communal Lounge (5.03m x 4.85m (16'6 x 15'11))

Conservatory (2.64m x 2.62m (8'8 x 8'7))

Rental Bedroom (3.78m x 3.71m (12'5 x 12'2))

Separate W.c

Rental Bedroom (4.78m x 4.01m (15'8 x 13'2))

Spare Room (3.20m x 2.69m (10'6 x 8'10))
Potential as another bathroom, office or rental bedroom subject to all permissions

2nd Floor

Rental Bedroom (3.71m x 3.56m (12'2 x 11'8))

Rental Bedroom (5.03m x 4.88m (16'6 x 16'0))

Rental Bedroom (4.88m x 4.09m (16'0 x 13'5))

Bathroom (3.20m x 2.41m (10'6 x 7'11))

Separate W.c

Communal Courtyard
A walled courtyard sitting off the kitchen

Communal Gardens
The walled garden contains mature shrub filled beds and borders plus paved patios and pathways.

Parking
Gated parking for up to two vehicles

Rental Figures
Each rental bedroom resident was formerly charged £85 per week plus a service charge of £40 per week sole occupancy or £60 per week if sharing a double room. Rental charges moving forward will be down to the new owner and market forces.

Tenure
Freehold

Council Tax
Band E

Services
Unconfirmed gas, electric, mains water and drainage.

Agents Note
Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you. None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you. Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.