Floorplans (
Map12 bedroom apartment for sale
Key information
Features and description
- Freehold block of nine apartments
- Gated parking for three cars
- Walking distance to town centre
- Current annual rental income of £86,040
- Well presented and maintained ready for instant rental and return on investment
- Potential for further units to be added subject to planning
Set a short walk from the thriving town centre Penrose Estate Agents are offering for sale this purpose built freehold block of 9 apartments comprising of three two bedroom units, three one bedroom units and three studio apartments. Currently all flats are fully let with a total annual income of just over £86,000. These apartments are in high rental demand so void periods are few and far between.
Some rents could be revised to increase this. The block and apartments have been well managed so all communal and external areas are in good order as well as all of the intercom, fire and alarm systems. This is a great opportunity to add to or start a portfolio and is certain to give a good return on both the rental income and capital growth in one of the UKs property hotspots! Contact one of the sales team in branch for further details.
Please note the floorplans and photos on this advert are for two of the nine flats as an example of decor and sizes, for full details and for a viewing of the property please contact once of the sales team to register your interest.
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