Freehold investment opportunity comprising 9 newly converted flats with 2 newly refurbished lock up shops, each with a basement area. Total estimated rental value of £112,000 per year representing a 6.5% yield. Great location with easy access to Wessex Way, local shops, bus routes & railway station.
The newly converted residential apartments comprise 8 studio flats with separate bedroom areas (two of which have a private garden) and one 2 bedroom apartment. Each apartemnt has been tatsefully designed and finsihed to a high specification.
The two commercial units are both approximately 384 sq ft and each has a basement area of approx 550 sq ft. There is the flexibility to let these two units either separately or jointly.
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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