- Block of three properties for sale
- Gross rental return of c8.4%
- Two residential apartments
- One retail property
- Excellent investment opportunity
- Village centre location
A rare opportunity to purchase a block of three rental properties with a combined rental income generating a gross return of 8.4% and all with tenants in situ.
The ground floor apartment consists of a spacious lounge with built in storage units and modern kitchen. The kitchen includes free standing fridge, freezer and cooker. The three-piece bathroom consists of shower enclosure, wash hand basin and low level wc. To the back, is a double bedroom with built in storage space. This property is currently tenanted. Council tax A, EPC C. Leasehold 855 years remaining, no rent collected.
The first floor apartment offers over 1450 sq. feet of accommodation and four spacious bedrooms. From the front door, carpeted stairs lead to large kitchen dining area with a range of wall and base units, and space, power and plumbing for appliances. The lounge with feature gas fireplace, has a large picture window to the front. The family bathroom comprises of low level wc, wash hand basin, shower enclosure and corner bathtub. There is additional access from a separate entrance to the rear of the property. This property is currently vacant. Council tax A, EPC D. Leasehold 855 years remaining, no rent collected.
The final property is a ground floor retail unit with substantial shop space and storage areas to the rear and is currently in use as a barber shop. EPC D. Leasehold 855 years remaining, no rent collected.
If you are looking to expand your portfolio or to begin your lettings journey this combination of properties offers plenty of potential. Please note that the properties are being sold together.
Important Information
Property Ref: dbe7bcfc-9774-4104-99af-957e46966e90
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