Overview
- Updated On:
- 22 October 2024
- Property ID
- 21401
- Not Available Garages
Description
We are pleased to present a prime investment opportunity featuring a block of five apartments and a three-bedroom semi-detached house. This property, listed under a single freehold title, includes a diverse range of living spaces to attract a variety of tenants. The block comprises two spacious two-bedroom apartments and three one-bedroom apartments, providing comfortable living arrangements suitable for small families, professionals, and couples alike. Additionally, the semi-detached house offers three bedrooms, making it ideal for larger families or those seeking more space.
An added bonus to this property is an additional studio apartment. While it currently lacks planning permission, it holds potential for future development, enhancing the overall value and rental income prospects of the investment. Currently, the entire property generates a substantial rental income of £47,000 per annum, making it a lucrative option for investors.
The asking price for this property is competitively set at £675,000. With all units under one freehold title, managing and owning this property is simplified, adding to its appeal. This is an exceptional opportunity to acquire a versatile and income-generating property.
Features
- 2 x 2-bedroom apartments
- 3 x 1-bedroom apartments
- 1 x 3-bedroom semi-detached house
- Additional studio apartment (no planning permission)
- Tenure: Freehold (all units under one title)
- Asking Price: £675,000
- Current Rental Income: £47,000 per annum
- Ideal For: Investors seeking strong rental yield potential
