A rare opportunity to acquire 6 newly built flats with courtyard where planners have invited proposals on a further development. Included in the sale, on the ground floor is a retail property with a long term tenant.
Whether you are a seasoned investor or just starting out, the 9.8% yield makes this an investment which must be seen! The possibilty of planning permission for more units within the courtyard has the potential to increase both yield and equity.
Comprising of a corner plot retail unit and 3 x one-bedroom flats and 3 x 2 bedroom flats.
Epc's On Order
All flats have been finished to the highest standard with fully fitted kitchens comprising electric oven, hob and extractor fan. 3 piece bathroom suite with shower cubicle, WC and sink basin. Fitted carpets and electric storage heaters.
Ground floor - One bedroom house with lounge/kitchen, bathroom and first floor bedroom.
First Floor – Two-bedroomed front facing apartment with living kitchen. Two further one-bedroomed apartments.
Second Floor – Two-bedroomed apartment with living kitchen, front facing dormers and velux windows. A futher two-bedroomed duplex apartment with living room, kitchen and mezzanine level for two double bedrooms and bathroom.
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|End terrace house||7%||£108,795||2.6||1.1|
|Property Type||1 Bed||2 Beds||3 Beds||4 Beds||5 Beds|
|Houses||-||£92,584 (44)||£115,576 (75)||£146,485 (10)||£146,000 (1)|
|Flats||£62,750 (4)||£79,856 (8)||-||-||-|
|All||£62,750 (4)||£90,626 (52)||£115,576 (75)||£146,485 (10)||£146,000 (1)|