Susbtantial Freehold Investment for Auction Hayling Island PO11

This substantial block comprises eight flats, four of which are sold on long leases and four which are retained by the freeholder. Three of those flats are currently let on Assured Shorthold Tenancy agreements offering a healthy income of £28,225 per annum. The fourth flat has recently become vacant and provides an opportunity to be re-let at an up to date market rent. The rental income for the remaining three flats may also provide scope for improvement.