A great investment opportunity with the commercial property that comprises of retail space which is currently let on a 15 year lease with 14 years remaining and a three bedroom self-contained flat situated on the first floor. The property benefits from outside space to the rear and garage. This property has a rental potential of 28,800 per annum giving a rental yield of 9.1%. The property is being sold chain free and is on leasehold with 939 years remaining.
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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