7 bed Flat For Sale £725,000
FREEHOLD BLOCK of Flats Linden Rd Moordown

Clarkes are delighted to offer this INVESTMENT OPPORTUNITY - FREEHOLD INVESTMENT with scope to add more rooms and amenities and increase income.

5 x Flats currently yielding £45k pa currently. All Tenants on ASTs - INVESTORS CALL CLARKES NOW

Flat 1a GFF- Offering a private entrance and ORP - 2 bedrooms, shower room, kitchen and living room/diner. currently rented at £550pcm (discounted to family member - rent = £800 after refurb).

Communal Entrance leading to:

Flat 1b - GFF - 1 bed flat currently rented at £650pcm

Flat 2 - FFF - 2 bedrooms, bathroom, kitchen and living room/diner. currently rented at £900pcm

Flat 3 - SFF - 2 bedrooms, shower room, kitchen and living room/diner. currently rented at £850pcm

Flat 3a - SFF - 1 bedroom, kitchen diner, shower room and separate living room. currently rented at £660pcm (discounted to family member - rent review = £800pcm)

Communal Garden

BREAK UP RE-SALE VALUE AS IS - with no Alterations
TOTAL £790,000 to £810,000

OPPORTUNITY TO ADD MORE VALUE
1. Refurb and Alter Outside Space for 2 x GFF to increase rent yield and capital value of these units by 40 to 50%
2. Split FFF into 2 units replicating the Top Floor to increase rent yield and capital value by 50%

All rooms have been measured with electronic laser and are approximate only. None of the services to the above property have been tested by ourselves and we cannot guarantee that the installations described in the details are in perfect working order. Clarkes Residential Sales and Lettings for themselves and for the vendors or lessors produce these brochures in good faith and are for guidance only. They do not constitute any part of a contract and are correct to the best of our knowledge at the time of going to press.
Council tax band: A