A rare opportunity to acquire the freehold of the entire building which includes 1x 2 bedroom flat, 1x 1 bedroom flat & 2x Studio flats. Three flats are occupied with one studio empty and let under Assured Short hold Tenancy Agreements, producing an annual rental income of £58,500 (Yield 6.5% gross on current asking price assuming the vacant studio is let). Schedule of Tenancy Agreements & Monthly Rents are available upon request.Subject to necessary regulations the building could be turned back into a single dwelling. For more information please call the office on[use Contact Agent Button]
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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