Situated within a sought-after location, this exceptional property presents a unique opportunity for investors seeking a return on investment.
This mid-terraced apartment, currently housing two separate flats, boasts a dynamic arrangement perfectly suited for those looking to expand their property portfolio.
The building comprises a one-bedroom flat and a three-bedroom flat, each presently tenanted by longstanding occupants with active contracts in place. This established income stream signifies an immediate cash flow for the discerning investor, making this property an enticing proposition for those seeking a lucrative addition to their investment portfolio.
Conveniently secured by a rear security gate, the property exudes a sense of safety and exclusivity. Please note, the commercial shop adjacent to the building is not included in the sale, maintaining the residential focus and appeal of the property.
Both flats within this property feature an EPC rating of 'C,' underlining their energy efficiency and sustainability, a noteworthy feature that enhances the property's desirability and future marketability.
The three-bedroom flat, positioned above the ground floor, offers spacious living quarters suited for families or professionals seeking ample space and comfort. Meanwhile, the one-bedroom flat below provides a cosy yet functional living environment for individuals or couples.
This property's value lies not only in its current rental income but also in its potential for future growth and appreciation. With an already established tenancy in place and the security of reliable rental income, this property stands as a sound investment opportunity with the promise of long-term financial rewards.Rent; 1 bedroom = £300 3 bedroom = £380 These can be increased to current market value totalling around £1,100
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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