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Map17 bedroom property for sale
Mixed Use Investment Opportunity, Scunthorpe
Property
17 beds
11 baths
Key information
Features and description
- Mixed Use Investment Opportunity
- Heart of thriving town centre
- Potential Yield of nearly 10% PA
- 9 Flats, Two Houses and Three Commercial Units
- Parking Area
Walshe's Property proudly presents this fantastic mixed used investment opportunity in the heart of Scunthorpe, North Lincolnshire. Comprising of nine flats, two houses and three commercial units with associated stores to the rear. Currently the property is fully tenanted, however, the current rental yields are not reflective of their full potential, with the potential yields listed as below: Commercial Unit 1 - £1,000 pcm Commercial Unit 2 - £1,100 pcm Commercial Unit 3 - £1,100 pcm Terraced House X2 - £1,200 pcmOne bedroom flat X7 - £3,150 pcmTwo bedroom flat X2 - £1,100 Total Monthly Rent - £8,650 Toal Annual Rent - £103,800Gross Rental Yield of 10.93%For further information please contact us. ~Please note that the businesses are unaffected and subject to a sale would be relocating ~
Council Tax Band: Exempt - Mixed Use Block
Tenure: Freehold
Council Tax Band: Exempt - Mixed Use Block
Tenure: Freehold
About this agent
Whether you are buying a house or looking for rental properties in North Lincolnshire, Walshe’s Property can help. We specialise in the sale and letting of residential properties. We also have an extensive portfolio of rental properties for those looking for convenient accommodation at reasonable rates.
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