No longer on the market
This property is no longer on the market
Similar properties
Discover similar properties nearby in a single step.
Floorplan
Map1 bedroom property
Key information
Features and description
- Development opportunity
- Close to Millennium Park
- Just shy of 2,000 square feet
- Three one bed apartments
- Ground floor commercial unit with permission to change to 2 further flats
- Outside space to rear
- In need of modernization
- Enormous potential
- Great chance to add value
- Potential for over 8% plus return
Located in Vauxhall Street this building has three flats currently let, and a commercial unit on the ground floor with planning consent for change to two further apartments making five in total.
In need of modernization the building provides a current rental return of £2,560 per month from the established flats, but this could be improved significantly once the refurbishment has taken place.
In addition further income can be generated from the ground floor unit once changed into two additional residential units from its previous use as a doctor’s surgery.
Rooms
Living
Ground floor ex doctors surgery just under 1,000 square feet with approved plans to change to 2 one bed apartments. Three further one bed apartments currently let.
Sleeping
The three established flats each have a living room, kitchen, double bedroom and bath/shower room. The approved plans for the ground floor units each include living room, kitchen, bedroom, bathroom and private garden.
Outside
Patio to rear which can be split into a garden for each of the new ground floor flats.
Services
All mains excluding gas.
Property information from this agent
About this agent
