Residential Investment for Auction Ryde PO33

Originally a public house, this freehold detached building was converted into apartments approximately 20 years ago and has since been let and produced a very worthwhile rental income. Now sold due to retirement, the property is considered ideal for addition to an income producing letting portfolio. The building is arranged as two one-bedroom flats on the ground floor with one to the front and one to the rear of the building. The whole of the first floor comprises a larger two-bedroom unit. The ground floor rear flat has a small private garden whilst the ground floor front flat and first floor flat share a small communal garden also to the rear of the building. Increasing to £26,460 per annum throughout the term.