£1,750,000

The Pines, Worksop S80

SSTC

£1,750,000

2 Bedroom Town House SSTC

The Pines, Worksop S80


Key features

  • FABULOUS INVESTMENT OPPORTUNITY
  • 11 TWO BEDROOM TOWNHOUSES
  • 12 ONE BEDROOM APARTMENTS
  • 11 GROUND RENTS
  • ALL PROPERTIES TENANTED
  • PRIVATE PARKING
  • COMMUNAL AREAS

SUMMARY IDEAL FOR INVESTORS. Positioned in the popular residential area of Worksop, close to the historic town centre with pubs, restaurants, supermarkets, shops, cinema, bus station and doctors surgery. We are able to offer to the market this rare investment opportunity upon The Pines development :-

Block A 10 x 2 bedroom rental flats (currently tenanted) plus 2 ground leases to this block.

Block B 12 x 1 bedroom town houses (currently tenanted) plus 2 ground leases to this block.

Block C 1 x 2 bedroom rental flats (currently tenanted) plus 7 ground leases to this block.

This is Company sale and all the properties and freeholds with the ground rents and service charges are held in a company.

CURRENTLY PRODUCING AN INCOME OF APPROXIMATELY £120,000 Per Annum  

LOCATION The Pines is situated on Newgate Street, which runs between Park Street and Lowtown, close to Worksop town centre. Worksop is located within the Bassetlaw District of Nottinghamshire, situated by the River Ryton on the northern fringe of Worksop town centre.

 

THE PROPERTIES The properties are situated within three blocks and comprises a mixture of two bedroom apartments and
one bedroom townhouses. Externally each of the blocks are surround by communal gardens, which are
predominately grass. The private site contains an allocated parking spaces for properties in Block A,
while those in Blocks B & C have a private space for each property with some additional spaces for visitors.

 

LEGAL INFORMATION The freehold interest of the site is registered until title NT374433.

Three of the individual units sold on Leasehold interest are registered under the following leasehold titles

NT403724 - 6 The Pines, Newgate Street, Worksop, S80 2LQ
NT413773 - 56 The Pines, Newgate Street, Worksop, S80 2LQ
NT411811 - 10 The Pines, Newgate Street, Worksop, S80 2LQ 

Book a viewing

Contact Martin & Co Worksop

  • 1 Ryton Street
  • Worksop
  • S80 2AY

Call 01909 530077

worksop@martinco.com

Contact us now