A 2 Double Bedroomed property being sold with a tenant in situ currently let for £575 pcm.

Located in a popular letting area close to City Centre, this mid-terraced property is available as a freehold purchase in our July livestream auction. Arranged as two separate flats (under a reverse freehold title with a lease for the ground floor flat) with accommodation laid out over two floors. The ground floor flat is vacant however, the first floor flat has a tenant in situ who is on an Assured Shorthold Tenancy Agreement which is generating a gross income of £585 pcm.

A  high yielding multi faceted freehold investment opportunity, comprising of four x one bedroom flats, a ground floor retail premises, garage and additional enclosed yard space with 2 vacant storage facilities offering the potential for further income/potential redevelopment subject to any requisite consents. The retail unit is currently let and generating £400 pcm/£4,800 pae. Three of the flats are currently let on rolling AST's at modest rents of £425pcm/£5,1000 per flat, with the fourth flat currently let at £600pcm/£7,200 pae. The garage is also currently let at £100 pcm/£1,200 pae, with the current total combined income being £28,500 per annum