Pair of Flats for Refurbishment Weston-super-Mare BS23
This is a freehold, 3 storey mixed used property with vacant first and second floor 1 bedroom flats (the ground floor commercial has been sold off on a long lease). Both properties are in need of modernisation and offer potential to reconfigure into 2 bedrooms or as a larger HMO. The property offers excellent rental potential with Local Housing Allowance rates of £133.48 a week or private rental of circa £700-£800 per month. Once refurbished, the property could offer an extremely attractive yield of 24% based on the lower end of the guide price. CASH BUYERS ONLY.
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