Freehold investment for sale comprising 2 x 2 Bedroom Flats currently producing £25,800 which is generating a Gross Yield of approx. 4.3%.
Both Tenants are due Rent Reviews where we suggest an increase in rent to £1250 pcm each which would improve the Gross Yield to 5%.
The property has been in our clients portfolio for a number of years and has been maintained very well. Both units are licensed with the Local Authority, have gas & electric certs and of course EPC's.
The Ground Floor Garden Flat benefits 2 x double bedrooms, a good sized living room with bay window, separate kitchen and shower room.
The First Floor Flat also has 2 bedrooms although only 1 is a double, large kitchen breakfast room, living room and bathroom.