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Waterside House
72a High Street
Cowes
Isle of Wight
PO31 7RE

01983 219967
commercial@spencewillard.co.uk

Cowes Office
Cowes Office
Spence Willard Commercial

Waterside House
72a High Street
Cowes
Isle of Wight
PO31 7RE

01983 200880
cowes@spencewillard.co.uk

Cowes Office
Charles Spence
Charles Spence
Tanya Hill
Tanya Hill
Spence Willard team
Emma Bradley
Zadie Margham
Zadie Margham
Natalie Miley
Natalie Miley

Sherbourne Street
Bembridge
Isle of Wight
PO35 5SB

01983 873000
bembridge@spencewillard.co.uk

Spence Willard Bembridge
Spence Willard team
Sam Branston
Hannah Cook
Hannah Cook
Lauren Taylor
Lauren Taylor
Charlotte Branston
Charlotte Branston

The Square
Yarmouth
Isle of Wight
PO41 0NP

01983 761005
yarmouth@spencewillard.co.uk

Spence Willard Yarmouth
Spence Willard team
Duncan Willard
Lesley Samson
Lesley Samson

The Old Bank
Tennyson Road
Freshwater
Isle of Wight
PO40 9AB

01983 756575
freshwater@spencewillard.co.uk

Spence Willard Freshwater
Jason Siviter
Jason Siviter
David Langford
David Langford
Sarah Kujawa
Sarah Kujawa

The Square
Yarmouth
Isle of Wight
PO41 0NP

01983 761005 opt 2
lettings@spencewillard.co.uk

Spence Willard office
Laura Homes
Alice MacNab
Alice MacNab
Henrietta MacLean
Henrietta MacLean

40 St James' Place
London
SW1A 1NS

020 7839 0888
london@spencewillard.co.uk

Spence Willard London office
Bob Bickersteth
Bob Bickersteth
Katinka Stampa Orwin
Katinka Stampa Orwin
Contact

DESCRIPTION
A portfolio-investment of 14 high specification, luxurious, terraced houses with a substantial proven and current rental income and interesting asset management opportunities.

The houses are fitted with high quality designer fixtures and fittings. The fitted appliances mostly feature brands including Siemens, Neff and Geberit W/C’s. Designer kitchens with marble worktops, fitted washing machines and large integrated freezer/fridge have been installed. Electronic entry systems, mood lighting and quality heating systems benefit the development. Certain houses have balconies overlooking the central water feature in the main central area. There is an impressive roof garden which enables residents to enjoy views from this significant and elevated location. The Fort is enclosed by Golden Hill Country Park (owned by the Isle of Wight Council and managed by Gift To Nature Trust), which has a network of attractive rural footpaths to enjoy.

Golden Hill Fort is a gated residential housing development, located between the affluent historic harbour town of Yarmouth and the village of Freshwater, offering a good range of amenities.

Yarmouth has regular vehicular ferry links to the mainland with a connection to the national rail network. Golden Hill Fort is a distinctive hexagonal shaped, Victorian hill fort and is now a high quality residential development with the following being offered for sale; 5 x three-bedroom terraced houses, 7 x four-bedroom terraced houses and 2 x five-bedroom terraced houses. There is an extensively landscaped rooftop communal garden offering truly spectacular and far reaching sights, with multiple viewing points, enclosed seating areas and lawns.

At the time of print (May 2018), 11 houses are let on long lets with another on holidays lets, subject to existing tenancies there are 2 houses that are vacant; 1 & 18. The tenants of number 1 have recently vacated and had been paying £15,000 per annum. The approximate current gross rental income for the houses is £158,300 and the approximate ERV (Estimated Rental Value) with numbers 1 & 18 is £191,300. For further information on the rental income, please download the brochure.We are informed that building regulations have been signed off for numbers; 4, 5, 6, 8, and that certificates are expected on 12, 13, 14, 15 and 16. Minor works are required to 1, 2, 7 and 17 for the issuing of certificates and more substantial works are still to be done to 18 to be signed off.

ACCOMMODATION
Golden Hill Fort is a distinctive hexagonal shaped, Victorian hill fort and is now a high quality residential development with the following being offered for sale; 5 x three-bedroom terraced houses, 7 x four-bedroom terraced houses and 2 x five-bedroom terraced houses.

SERVICES
Mains drainage, water, electricity serve the properties.

OTHER
1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only.
3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
4. VAT: The VAT position relating to the property may change without notice.

VIEWING
Viewing is strictly by appointment with the selling agents, Spence Willard.