Excellent investment opportunity with current rental income circa £30,000PA!
This property is an excellent investment opportunity.
With current rental income circa £30,000PA, and potential to add a further penthouse apartment to the portfolio, this opportunity is likely to attract many savvy buyers.
There are currently 6 apartments, all with long term tenants paying between £350-£400 PCM, the premises is currently registered as mixed use with a commercial unit in place, the commercial space currently demands a rent of £500PCM.
The property benefits from on street parking, as well as outbuildings which could be developed for further rental income, or flattened for parking.
Our client had plans drawn up to create a penthouse apartment within the building, the planning has now lapsed but we are advised this could be reinstated with little effort.
A thorough inspection of this investment opportunity is advised to truly see the value and potential this property offers. Early viewings are essential.
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Rent
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6+
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