Freehold Investment
Three one bedroom flats in one block
Let on AST's
Income Producing £21,600 pa
Gross Yield of 8%
Scope for Refurbishment & Rental Uplift
Close to Shops and Amenities
£270,000 Freehold
FOR SALE - INCOME PRODUCING INVESTMENT - GROSS YIELD BEFORE COSTS OF 8% - A corner building converted into three one bedroom flats giving a gross annual income of £21,600. The building would benefit from refurbishment. Viewings arranged via the agent s office. Tenancies are not affected.
A Victorian building occupying a corner position which has been converted into three one bedroom flats each let on assumed shorthold tenancies as follows:
Ground Floor - £725 pcm
Flat 1 (left top of stairs) - £550 pcm
Flat 2 (right top of stairs) - £525 pcm
Total Monthly rent £1,800 pcm
Total annual rent £21,600 per annum
The building would benefit from internal refurbishment works which could enhance rental values. Copy tenancy agreements are available from the agent s office upon request. No internal photos were available at the time of inspection, viewings booked via the agents office.
A Victorian building occupying a corner position which has been converted into three one bedroom flats each let on assumed shorthold tenancies as follows:
Ground Floor - £600 pcm
Flat 1 (left top of stairs) - £550 pcm
Flat 2 (right top of stairs) - £525 pcm
Total Monthly rent £1,675 pcm
Total annual rent £20,100 per annum
The building would benefit from internal refurbishment works which could enhance rental values. Copy tenancy agreements are available from the agent s office upon request. No internal photos were available at the time of inspection, viewings booked via the agents office.
A Victorian building occupying a corner position which has been converted into three one bedroom flats each let on assumed shorthold tenancies as follows:
Ground Floor - £600 pcm
Flat 1 (left top of stairs) - £550 pcm
Flat 2 (right top of stairs) - £525 pcm
Total Monthly rent £1,675 pcm
Total annual rent £20,100 per annum
The building would benefit from internal refurbishment works which could enhance rental values. Copy tenancy agreements are available from the agent s office upon request. No internal photos were available at the time of inspection, viewings booked via the agents office.
IMPORTANT NOTICE FROM WESTBRIDGE COMMERCIAL
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.