- FULLY LET & INCOME PRODUCING INVESTMENT OPPORTUNITY +
- 4 self-contained bedsits +
- 4 additional bedsits +
- 2 bathrooms +
- Ideally located within walking distance to the town centre +
ATTENTION INVESTORS - Victorian mid terrace containing 4 self-contained studios and 4 additional studios offering a yield of 10.5% based upon the asking price,
An opportunity to acquire a Victorian mid terrace property containing four self-contained bedsits, four additional bedsits and two bathrooms.
The properties are fully let and income producing, with a current annual income of £68,280 which equates to a yield of 10.5% based upon the asking price, therefore making this an ideal investment opportunity.
Tenancy information per calendar month:
Flat 1 Room A - £750
Flat 1 Room B - £625
Flat 1 Room C - £650
Flat 2 Room A - £750
Flat 2 Room B - £695
Flat 2 Room C - £750
Flat 2 Room D - £675
Flat 2 Room E - £795
Total - £5,690
Energy Performance Certificate
Flat 1 & 2 - Grade C
The property is ideally located, being within walking distance of the town centre, which hosts a wide range of shops, bars and restaurants, schooling for all age groups and excellent leisure facilities. Ideal for commuters also as easy access can be gained onto all major road and rail networks which lead to the larger financial centres within our region.
What3Words - snail.jumped.agreed
All mains services are connected to the property.