About the property
END-TERRACED FREEHOLD INVESTMENT – THREE SELF-CONTAINED 1-BED FLATS
A solid investment opportunity comprising a freehold block of three purpose-built, self-contained one-bedroom flats, each arranged with a bedroom, shower room and open-plan lounge/kitchen. All units benefit from double glazing and electric storage heating.
Each flat is currently let on Assured Shorthold Tenancies at £700 PCM, producing a combined gross income of £25,200 per annum. At a guide price of £230,000, the block returns an attractive gross yield of 10.96%.
Outside, the property enjoys an enclosed communal rear garden, offering scope for improvement and added value with a little TLC.
Call Mark at the office for further information.
Read moreImportant Information
- This is a Freehold property.
Property at a glance
- Freehold Investment opportunity comprising 3 self contained 1 bed flats
- Each currently let at £700 pcm or £25,200 per annum
- Yielding a useful 10-11%!
- All well maintained
- All double glazed with storage heating
- Sold with freehold interest.
- Call Mark at the office for further details.
- EPCs: F1 D, F2 D, F3 E.
Contact agent
Contact agent
Rule & Rule Estate Agents
37 Broadway
Sheerness
Kent
ME12 1AD
United Kingdom
info@ruleandrule.co.ukProperty Photos