- Freehold +
- Investment opportunity +
- Chain free +
- Yield of approx 5.4% per annum +
The Chant Group is delighted to present a rare investment opportunity consisting of two, two-bedroom flats and a commercial premises. Sold with tenants in situ, this asset offers immediate rental income. The current yield stands at an impressive 5.4%, with expectations for future growth driven by the property's desirable location and consistent demand.
The commercial premises occupy the ground floor and are accessed via Charlbert Street. Spanning 571 SQFT (53.08 SQM), the unit features a modern and spacious shop floor, making it an ideal business location. The current rent is £42,000 per annum, inclusive of VAT, with a lease in place until January 2033.
The first two-bedroom flat occupies the ground and first floors with access via Charles Lane, a charming cobbled street and covering 722 SQFT (67.1 SQM). It boasts a large open plan living and kitchen area, two generously sized bedrooms, and a modern family bathroom. The current tenants pay £3,200 per calendar month, with a lease in place until September 2027. EPC rating C.
Located on the first and second floors, the second flat offers 705 SQFT (65.48 SQM) of modern, well-laid-out accommodation. The property features a spacious reception room that leads into the kitchen via an archway, two double bedrooms with box sash character windows, and a large family bathroom. The current tenants pay £3,500 per calendar month, with a lease in place until August 2025. EPC rating C.
This sale is offered chain-free. To arrange a viewing or for further information, please contact The Chant Group sales team today.