This property is no longer on the market
3 bedroom apartment
Key information
Property description & features
- Opportunity to purchase an historic building
- Potential in cellar
- Current rental income £665pmc 6.38% gross return
A rare opportunity for an investment buyer to purchase a period building with established rental income and further potential in the cellar. The property is on one title and offered for sale freehold with two sitting tenants on short term lease agreements yielding a combined current rental income of £665 per calendar month providing a 6.38% gross yield against an asking price offer.
The property would benefit from some updating that may open the possibilities of increasing the income and in the longer term incorporation the cellar with part of the living accommodation.
FLAT 2
The internal accommodation of Flat 2, the ground floor flat comprising; entrance hallway, sitting room, kitchen, bedroom and bathroom.
Externally Flat 2 has no outside space. EPC E
FLAT 2A
The internal accommodation of Flat 2A, set over two floors comprises; entrance hallway and study to the ground floor plus sitting room, kitchen two bedrooms and family bathroom to the first floor. Externally flat 2A has a courtyard where there is access to the cellar. EPC D
The Cellar
Formerly the public house cellar, store and facilities for the Cross Keys Public House comprise; cellar, former ladies WC, former mens WC and inner hallway.
Viewing is strictly by appointment and the vendor would appreciate a few days notice of viewings to be able to coordinate with the tenants.
Places of interest
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