- Business Opportunity +
- Buy-to-Let +
- Central location +
- Investment/Development Opportunity +
- Block of 7 flats +
- Immediate income from day one +
- Scope to increase rents +
An outstanding investment opportunity offering an immediate return with a healthy yield of approximately 7.4%, alongside strong potential for increased rental income - as all tenants are now out of contract.
Property Breakdown
No. 10 - 2 Flats
Flat A: 3 bedrooms, 1 reception room, 1 bathroom, and a kitchen
Flat B: 1 bedroom, 1 reception room, 1 bathroom, and a kitchen
No. 12 - 5 Flats
Two 2-bedroom flats
Three 1-bedroom flats
Each with 1 reception room, 1 bathroom, and a kitchen
Key Information
5 flats currently tenanted, 2 vacant
Current rent per flat ranges from £346.66 to £475 pcm (with scope for increase)
Breakdown:
10 (a): £475 pcm
10 (b): £346.66 pcm
12 (1): £375 pcm
12 (2): £390 pcm
12 (5): £390 pcm
Can be sold with tenants in situ
EPC Ratings
Ratings: C & D
Expiry dates: Between August 2032 and September 2035
This property represents an excellent opportunity for investors seeking a ready-made rental portfolio with immediate income and clear potential for further growth.
Council Tax Band: A
Tenure: Freehold