No longer on the market
This property is no longer on the market
Floorplans (
MapProperty
Property
Features and description
This investment opportunity features a mix of residential and commercial units, promising a robust income stream and an impressive net yield. The total annual net income is £98,100, resulting in a net yield of 9.8%.
The property includes eight studio units generating a gross monthly income of £7,340 and a net monthly income of £6,550, which amounts to an annual net income of £78,600. Additionally, there are two ground-floor commercial units, with one rented at £3,600 per annum and the other at £15,900 per annum, bringing the total annual income from the commercial units to £19,500.
There is potential to convert the commercial units into residential units, subject to planning permission, which could significantly increase the total rental income. The property is available for sale either as a company or an asset, providing flexibility for the investor.
The property includes eight studio units generating a gross monthly income of £7,340 and a net monthly income of £6,550, which amounts to an annual net income of £78,600. Additionally, there are two ground-floor commercial units, with one rented at £3,600 per annum and the other at £15,900 per annum, bringing the total annual income from the commercial units to £19,500.
There is potential to convert the commercial units into residential units, subject to planning permission, which could significantly increase the total rental income. The property is available for sale either as a company or an asset, providing flexibility for the investor.
Property information from this agent
About this agent
Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential. At Whozoo, we are dedicated to delivering the highest quality service, combining industry expertise with innovative strategies to drive exceptional results. We leverage cutting-edge marketing techniques, data-driven insights, and a proactive approach to ensure every property achieves maximum exposure and value. Our commitment to professionalism, transparency, and client success sets us apart in the industry. Whether you are looking to buy, sell, or develop commercial property, Whozoo provides a seamless, results-driven experience designed to help you unlock new opportunities and achieve your objectives.