Large freehold period property offered for sale for investment and will be of interest to buyers looking for a property to provide a rental income. Arranged as three separate flats that are presently offered For Sale (through same agent) with 999 year leases that will be assigned upon each completion. Separate metering, gas central heating, uPVC double glazing and off road parking for two vehicles. Large reception rooms with period features including fireplaces have been retained. Central location on tree lined avenue will make each of flats attractive to future tenants. The property presently yields c. £20,000 p.a. with all flats let with A.S.T. tenants.
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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