• VIDEO VIEWING AVAILABLE +
• Immediate "Exchange Of Contracts" Available +
• Sold Via "Secure Sale" +
• Fully let portfolio of four two-bedroom flats +
• Combined gross income of £20,100 per annum +
• Gross yield in the region of 11.1% at £180,000 +
• All tenants in situ and wishing to remain +
• Well presented, spacious flats with varying layouts +
• Gas-fired central heating to all apartments +
• Detached block with communal rear parking +

BEING SOLD VIA SECURE SALE ONLINE BIDDING. Terms & Conditions apply. - STARTING BID £180,000

A rare opportunity to acquire a fully let residential investment portfolio comprising four spacious two-bedroom flats, forming part of a detached block of apartments on Ainslie Street, conveniently positioned close to the town centre and local amenities.
The portfolio includes Flats 54, 54A, 54B and 56 Ainslie Street, all of which are currently let and producing immediate income. Flats 54A, 54B and 56 are let at £400 per calendar month, with Flat 54 achieving £475 per calendar month, providing a combined gross rental income of £20,100 per annum.

At the guide starting bid price of £180,000, the portfolio reflects a strong gross yield in the region of 11.1%, making this an attractive proposition for investors seeking both income and long-term growth. There is further potential to enhance returns through rental increases, subject to market conditions.

All four flats are well presented and extremely spacious, each offering two bedrooms with varying layouts. The apartments benefit from gas-fired central heating systems, generous room proportions and smart internal presentation throughout. All tenants are settled and have confirmed a desire to remain in occupation, ensuring continuity of income and reducing immediate management risk.
The building is a detached block of flats with communal parking located to the rear, a valuable feature for town-centre living. While the wider building contains additional apartments, only these four units are included in the sale, having been retained under the same investor ownership.

The portfolio is offered for sale by auction as a single lot with a starting bid price of £180,000 and represents a turnkey investment opportunity with an attractive yield profile and future rental growth potential.