House For Sale £1,350,000
A rare opportunity to acquire a modern block of six self-contained flats arranged over four floors. This wonderful investment opportunity comprises of a collection of studio, one bedroom and two bedroom units. The property which was completed in 2018 is situated just a short distance from the historic centre of the city with a wide range of amenities and educational facilities. We are advised that the income for 2021/22 was £83,222 approximately giving a gross yield of 6.1%.
Communal entrance door with central stairwell giving access to apartments via entry phone system.
Flat 1 One bedroom apartment of 358 sq.ft. With potential rental income of £1,150 per calendar month.
Flat 2 One bedroom apartment of 404 sq.ft. With potential rental income of £1,150 per calendar month.
Flat 3 Two bedroom apartment of 447 sq.ft. With potential rental income of £1,450 per calendar month.
Flat 4 Two bedroom apartment of 423 sq.ft. With potential rental income of £1,450 per calendar month.
Flat 5 One bedroom apartment of 386 sq.ft. With potential rental income of £1,095 per calendar month.
Flat 6 Studio apartment of 234 sq.ft. With potential rental income of £975 per calendar month.
Material information Tenure - Freehold
Council Tax Bands:
Flats 1,2 and 5 – B
Flat 3 and 4 – C
Flat 6 – A
Communal entrance door with central stairwell giving access to apartments via entry phone system.
Flat 1 One bedroom apartment of 358 sq.ft. With potential rental income of £1,150 per calendar month.
Flat 2 One bedroom apartment of 404 sq.ft. With potential rental income of £1,150 per calendar month.
Flat 3 Two bedroom apartment of 447 sq.ft. With potential rental income of £1,450 per calendar month.
Flat 4 Two bedroom apartment of 423 sq.ft. With potential rental income of £1,450 per calendar month.
Flat 5 One bedroom apartment of 386 sq.ft. With potential rental income of £1,095 per calendar month.
Flat 6 Studio apartment of 234 sq.ft. With potential rental income of £975 per calendar month.
Material information Tenure - Freehold
Council Tax Bands:
Flats 1,2 and 5 – B
Flat 3 and 4 – C
Flat 6 – A
