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5 bed property
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Our Summary
- PRIME INVESTMENT OPPORTUNITY
- MODERN METHOD OF AUCTION
- Prime investment opportunity – fully let freehold block – immediate rental incomeA rare chance to acquire a spacious Victorian town house, converted into five self‐contained one‐bedroom flats, ideally positioned in the heart of Barton-upon-Humber
- The property is being sold with tenants’ in situ, providing immediate cash flow and no void periods, currently generating an approximate gross annual income of £21,600, with clear scope to increase yields through modernisation
- £21,600 per annumTenants: Fully let, tenants in situManagement: Currently managed by Paul Fox LettingsOutside: Communal garden area + on‐street parkingCondition & Recent ImprovementsFlat ANew bathroom suite – 2023Front window replaced – 2011New combi boiler – 2020Flat BNew combi boiler – 2019New front double‐glazed windows – 2025Flat CNew combi boiler – 2023New front double‐glazed windows – 2025New bathroom suite – 2023New kitchen units – 2015This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
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Description
The property is a Victorian townhouse converted into five self-contained one-bedroom flats. It is located in Barton-upon-Humber, within a safe residential area with access to shops, amenities, public transportation, and local schools. The building is a freehold block with 5 units, each featuring a kitchen, living room, bedroom, and bathroom.
The property has communal garden area and on-street parking, with individual flat features including new bathroom suites, kitchens, windows, and boilers, installed at various times between 2011 and 2025.