HOWARD & CO are pleased to offer for sale this freehold terraced property in Rowlands Road, consisting of 5 flats all let on AST's and one commercial unit on a current longer lease. This is a lively part of Rowlands Road with the beach within 4 minutes and the town centre just 400 yards away. This is a great central location with a good footfall. there are a variety of good local restaurants and pubs and nearby convenience stores. All enquiries please call us to arrange viewings. Gross rental 48,264 represents 7.5% gross yield from the rent received.The property comprises5 flats all let on ASTsOne lock up shopTotal annual income 48,264 (including council tax on flats)
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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