Seize this unique investment opportunity in a town centre location with a solid yield of 8%. This property consists of three flats, let to long term tenants and provide a steady income stream. The building includes 2 x 2 bedroom flats and 1 x 1 bedroom flat, offering versatility and appeal to a broad rental market.Flat A is a 2 bedroom with an open plan living area, kitchen with wall and base units and 2 double bedrooms and a shower room. this is currently rented on a contract at 450 PCM. Flat B is a 2 bedroom flat with a kitchen 2 double bedrooms and a shower room this is currently rented on a contract at 433 PCM. Flat C is a 1 bedroom flat with kitchen bedroom and shower room this is currently rented on a contract at 345 PCM.The property is currently bringing in 14736 PA with opportunity to improve over time, additionally there is a detached garage and 1/2 parking spaces that could create future income.Please see the floorplan for the layout of each flat.For anymore information or to book a viewing please give us a call on 01244548182.
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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