A Block of SIX, TWO BEDROOM APARTMENTS, with four currently let under AST's. The block is predicted to income £79,200 p.a with a potential 6.8% return. Further details will be available upon request. Each apartment provides, two bedrooms, lounge, modern kitchen and bathroom, has double glazing and are gas central heated. Freehold sold with properties.

Features

• A Block Of 6 Two Bed Apartments
• 4 Currently Let on AST's
• Possible Return at 6.8%
• Parking
• Freehold Included
• Gas Central Heating & Double Glazing
• Parking Available On a First Come Basis
• New 999-year lease And Management Charge Of Approx u00a3500 p.a. Per Apartment

Details

Accommodation

This exceptional investment opportunity presents a modern block of six well-appointed two-bedroom apartments, offering both immediate rental income and strong future potential. With four of the units currently let under Assured Shorthold Tenancies (ASTs), the block generates a predicted annual income of u00a379,200, providing a potential return of approximately 6.8%.

Each apartment has been thoughtfully designed to cater to tenant demand, featuring two spacious bedrooms, a comfortable lounge/diner, a well-equipped kitchen, and a modern bathroom. Additional benefits include gas central heating, double glazing, and allocated parking, ensuring long-term appeal for both tenants and investors alike. Residents also have access to well-maintained communal gardens, adding to the desirability of the development.

Lease Information

The investment is further strengthened by a newly granted 999-year lease, a share of the freehold, and no ground rent obligations. A modest management charge of approximately u00a3500 per year ensures the upkeep of the communal areas while maintaining a cost-effective structure for landlords.

Located in a sought-after area with strong tenant demand, this is a rare opportunity to acquire a high-yielding, low-maintenance investment with an excellent rental track record. Whether expanding an existing portfolio or taking the first step into multi-unit property investment, this block offers a secure and rewarding proposition.