This is an investment opportunity to purchase a 2-unit block in Weston-Super-Mare generating £19,200 rent pa & a gross yield of 6.4%.
Block information:
- Mid-terraced house split into:
-- 1 x 3-bed flat on the ground floor
-- 1 x 2-bed flat on the first floor
- The property was converted and refurbished in 2020/2021
- All fixtures and fittings are brand new
- There is no gas at the property
- The ground floor flat has a small garden to the rear of the property
- EPC ratings D
- Council tax band A
Rental information:
- The flats are fully tenanted
- Total monthly rental income: £1,600
- Total annual rental income: £19,200
Location information:
- The property is located just outside of the town centre of Weston-super-Mare
- Weston-super-Mare town centre is less than a 10-minute walk from the property
- Weston-super-Mare railway station is 0.4 mile away and can easily be reached on foot
- Easy access to the A370 and wider road network
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.