Description
INVESTMENT - Victorian mid terrace containing 2 self-contained bedsits & 10 additional bedsits, with a current annual income of £94,200 which equates to a yield of 11.1% based upon the asking price.
An opportunity to acquire a Victorian mid terrace property over four floors containing two self-contained bedsits, ten additional bedsits with four shower rooms and two additional WC's.
The properties are fully let and income producing, with a current annual income of £94,200 which equates to a yield of 11.1% based upon the asking price, therefore making this an ideal investment opportunity.
Tenancy information per calendar month:
Flat 1 - £750
Flat 2 - £750
Flat 3 - £625
Flat 4 - £625
Flat 5 - £625
Flat 6 - £625
Flat 7 - £650
Flat 8 - £625
Flat 9 - £625
Flat 10 - £625
Flat 11 - £700
Flat 12 - £625
Total - £7,850
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