Residential Investment for Auction Powys LD1 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

Guide Price : £296,000. An investment property consisting of 8 self contained apartments located in a large Victorian property, situated in a terrace of 3 similar properties. The property has undergone extensive refurbishment in the last few years, with all new wiring, central heating systems and decoration throughout. All apartments are currently let and based on the current for sale price, the property returns just over 9% income per annum. Briefly the property comprises: Five one-bedroom flats and three two bedroom flats, all flats benefit from full central heating with individual electric boilers and radiators. All tenancies are by way off the new occupation contracts. Total income per month at present £2630 = £31,560 per annum.