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Offers in region of
£799,950

14 bedroom block of apartments for sale

Model Village, Creswell, S80
Added yesterday
Block of apartments
14 beds
11 baths
592
EPC rating: D
Added yesterday

Key information

TenureFreehold
Council taxBand A

Features and description

  • Residential Investment
  • 11 Self Contained Flats
  • Potential £70,063.24 pa (When Fully Let)
  • Eight one-bedroom and Three two-bedroom Units
  • Village Location Well Placed for Accessing the Nearby Towns of Worksop, Mansfield and Chesterfield
  • Walking Distance to Train Station
  • Well Suited to Investors Looking for Scale and Strong Income
  • Strong Local Rental Market

Residential Investment | 11 Self-Contained Flats | £70,063.24 pa (When Fully Let)

An opportunity to acquire a substantial residential investment comprising 11 self-contained flats in Creswell, consisting of eight one-bedroom and three two-bedroom units.

The property currently has one vacant flat, with the remaining units let. Once fully occupied, the block generates an approximate gross annual rental income of £70,063.24. The vacancy provides an immediate opportunity for an incoming investor to add value and maximise income.

The property is well suited to investors looking for scale, strong income, and future rental growth, with demand for this style of accommodation remaining consistent.

Further financial details, tenancy information, and rental breakdowns are available upon request.

A fully managed lettings service can also be provided to purchasers at a preferential rate, offering a turnkey investment solution.

Rooms

Disclaimer
Wilson Estate Agents has prepared these property particulars as a general guide for prospective purchasers. While every effort has been made to ensure accuracy, all descriptions, dimensions, references to condition and necessary permissions for use and occupation are given in good faith and believed to be correct, but they are not intended to constitute part of an offer or contract. Any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. All measurements are approximate, and the services, systems, and appliances shown have not been tested by Wilson Estate Agents and no guarantee as to their operating ability or efficiency can be given. We recommend that all information provided is verified independently by prospective buyers, including but not limited to title, tenure, and planning consents.

About this agent

Wilson Estate Agents - Bolsover
Wilson Estate Agents - Bolsover
24 Market Place Bolsover S44 6PN
01246 494787
Full profileProperty listings
Our approach to selling properties is a simple but proven one, we use our unparalleled knowledge of the area to give you a thoroughly researched and realistic valuation of your property. Then we apply our outstanding marketing to grab the attention of potential buyers. Next, we use our years of experience to negotiate the best price possible. Not only that we make sure you have a dedicated negotiator on the end of the phone at all times (we all hate the sound of unanswered phone calls and voicemail boxes). They will guide you through the whole process, and of course we can recommend conveyancers, organise quotes and give you expert mortgage advice. We pride ourselves on offering a service you can rely on. Buying and selling can be a complicated and stressful process, but we aim to take all that away from you. We don't believe in upfront fees and charging just to advertise your property. All our pricing is completely transparent and outlined from day one - so you'll never pay a penny more and better still, you only pay when you sell.
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