An exciting chance to purchase and entire block of 5 high street apartments, all of which include parking and all of which are currently let at an income of £62,100 per annum generating a yield of 4.968%. The properties are strictly available to purchase as a portfolio with the current tenants to remain in situ in accordance with the terms of their AST's.
The Properties
Flat 1, a one bedroom lower ground floor flat with generous store room, private garden and parking: £275,000. Current rent £1,200 pcm.
Flat 2, a two bedroom ground floor flat with parking: £300,000. Current rent £1,100 pcm.
Flat 3, a one bedroom first floor flat with parking: £235,000. Current rent £925 pcm.
Flat 4, a one bedroom first floor flat with parking: £225,000. Current rent £975 pcm.
Flat 5, a top floor, large one bedroom flat with parking: £275,000. Current rent £975 pcm.