10 bedroom block of apartments

SALE BY AUCTION
We are delighted to offer this block with a mix of rooms & flats with a current yield of over 10% per year with massive scope for improvements. Currently all but one room are fully let bringing in an yearly rent of £34,288.

This block contains 7 different rooms with HMO license and a mix of three self containted flats. Also has an office/garage space.

Ground Floor:

On the ground floor of the property we have two self contained flats.
Flat 1 has a large living room/bedroom, modern fitted kitchen and modern bathroom with electric walk in shower.

Flat 10 is spacious 2-3 bedroomed property with large living, dining area through to kitchen, good sized double bedroom, bathroom and two back rooms currently used as storage. This flat also benefits from a large paved enclosed garden and own entrance.

There is also a garage that was converted into an office space but can either be restored as large double garage or left insulated as a small office space.

First Floor:

We have a collection of four different rooms spaced across this floor with a storage room and shared bathroom. Room 2, 3 & 4 each consist of large bedroom/living space with kitchenette, which share the bathroom/toilet facilities. Room 5 has its own bedroom with shower and separate kitchen/living room and shared WC

Second Floor:

On the top floor we have one flat and three rooms along with shower room and shared bathroom. Rooms 7, 8 & 9 are all large single rooms with a kitchenette area. Flat 6 has a bathroom with electric shower, separate kitchen through to a living/bedroom area.