5 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Reservation Fee Applicable
- T&C's Apply
- Don't miss out – schedule a viewing to seize this lucrative investment opportunity.
- Contact our office for detailed information on planning permission and expansion plans.
- Perfect opportunity for hassle-free income stream with potential for value enhancement.
- Turnkey investment: all flats fully occupied, ensuring immediate returns.
- Planning permission previously granted for additional flat, adding value to the property.
- Ground floor includes a substantial store room with potential for expansion to add a 6th flat.
- Each flat is one-bedroom, providing comfortable living spaces for tenants.
- Lucrative investment opportunity: 5 fully let flats generating £21,500 in rent.
*Guide Price £230,000 - £240,000 plus Reservation Fee*
Introducing a lucrative investment opportunity comprising five fully let flats, generating an impressive rental income of approximately £21,500. This property presents a seamless turnkey investment, with each flat currently occupied, ensuring immediate returns.
The building features five one-bedroom flats, each providing comfortable living spaces for tenants. Additionally, there's a substantial store room on the ground floor, offering versatile usage options. Notably, this space has previously received planning permission for the addition of a sixth flat, further enhancing the property's value and income potential.
For further details regarding the planning permission and potential expansion, please contact our office.
This investment opportunity is perfect for investors seeking a hassle-free income stream with the added benefit of potential value enhancement. Don't miss out on the chance to secure this turnkey investment – schedule a viewing today and unlock the full potential of this property.
Disclaimer
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.
The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.
The Buyer is required to verify their ID & show proof of funds.
Rezee offer additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third party services.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
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*DISCLAIMER
Property reference S884082. 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 Rezee - Hull.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on June 24, 2016 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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