Hogshill Street, Beaminster £115,000

Period apartment in the heart of Beaminster Town with sash windows but a modern interior. The flat has its own front door and is independent of the shop, so there is no communal hallway. The property is marketed with a tenant in situ and further information can be sought directly via the selling agent for rental figures and tenancy information.

Situation
The flat has its own front door on Hogshill Street to the left of the shop. From a ground floor hall, stairs rise up into the open plan Living Room / Kitchen. These stairs slightly overlap the neighbouring property, forming a minor "flying freehold."

Kitchen / Living Room (19' 3'' x 16' 7'' (5.87m x 5.05m))
Dual aspect with views onto Hogshill Street at the front and across town to the rear. Fitted Kitchen with Breakfast Bar. Door off to Bedroom.

Bedroom (11' 9'' x 9' 8'' (3.58m x 2.95m))
Double Bedroom. Window to front aspect. Door off to Ensuite Bathroom.

Bathroom
White suite comprising wash hand basin, close coupled WC and bath with shower over. Window to rear aspect.

Further information
The flat is currently let under an AST (correct at 4/10/22 but subject to change)
The flat is subject to a Section 106 Agreement under affordable housing rules. Meaning the flat must be sold or let at 35% below market value. The asking price takes this into account already, as does the current tenancy, but this must be upheld by the new owner.
Further details of the Section 106 Agreement are available to view via the selling agent. Details of rent achieved and yield is also available via the selling agents who currently manage the property.

Tenure
Upon the sale of the property a new lease will be granted by the freeholder. Details of this have not been finalised but the buyer’s solicitor will be able to scrutinise the details during the conveyancing process.