This property is no longer on the market
4 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- A Unique Investment Opportunity to Purchase This Block of Four Self-Contained Flats
- Accommodation Spread Over Three Floors
- Communal Entrance Hall & Stairways with Delayed Lighting
- Two Flats Have Lounge/Kitchen with A Separate Bedroom & Shower Room
- Two Flats Are of a Bed-Sit Style with Separate Shower Room
A unique investment opportunity to purchase this block of four self-contained flats. The property itself has the accommodation spread over three floors and consists of communal entrance hall and stairways with delayed lighting, two flats have lounge/kitchen with a separate bedroom and shower room and two flats are of a bed-sit style with separate shower room. We have been verbally advised that that flat 2 & 3 are let and receiving £350pcm each, we anticipate £375pcm each for 5 & 6. On these figures the accommodation alone could generate circa £1,450 per month and £17,400 per annum which equates to an 8% yield.
Rooms
An Amazing Investment Opportunity
Two apartments and two bedsit style flats. Floor plan is attached but to fully appreciate what is on offer an internal viewing is highly recommended. Income return is circa £1,450 per month and £17,400 per annum which equates to an 8% yield.
Tenure - Freehold
Council Tax Band - to be confirmed
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AGENTS REF:
LJ/LS/STO220529/15112022
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Property reference STO220529. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Poole - Middlesbrough Auctions.
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