Description
An ideal investment opportunity to acquire three self contained fully let one bedroom apartments.
An ideal investment opportunity to acquire three self contained fully let one bedroom apartments. Each apartment is let on an Assured Shorthold Tenancy with the following rents being paid: Flat 1 - £730, Flat 2 - £760 and Flat 3 £650 This gives a monthly income of £2140 and an annual income of £25,680.
The property had planning approval to convert the large basement area which mirrors the footprint of the building and has a generous head height. This offers the potential to increase the income stream further.
There is also a driveway to the side which offers parking for two cars.
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