Investment Opportunity – High-Yield Freehold Property
A well-presented, converted Victorian terraced property in a highly sought-after location close to the Town Centre, offering a rare and attractive investment opportunity.
This freehold property has been converted into two self-contained flats (one-bedroom and two-bedroom), each with independent gas, electricity, and water services.
Originally a music shop, the conversion into two residential apartments was completed in 1997, with full planning permission and building regulation certificates available.
Current Rental Income: £1,455 PCM
With tenants in situ and a strong local rental market, this property offers a gross yield of approximately 8%.
Property Breakdown:
Ground Floor Apartment
Rent: £685 PCM
Tenancy: AST in place until 15/10/2025
Council Tax Band: A
EPC Rating: C
First Floor Apartment
Rent: £770 PCM
Tenancy: AST in place until 24/11/2025
Council Tax Band: A
EPC Rating: D
Key Features:
Freehold Victorian property
Two fully self-contained flats
Tenants in situ
Separate utility services
Excellent rental yield
Planning and building control documentation included.
Location near the Town Centre
Ideal for investors seeking a stable, income-generating asset in a strong rental area.