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5 bed property
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Our Summary
- Prime Investment Opportunity Fully Let Apartment Block Near City CentreAn excellent opportunity to acquire a well-presented residential development located just off Newport Road, only moments from the vibrant city centre
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Description
The property is a residential development comprising 5 self-contained apartments, located off Newport Road near the city centre. The apartments have the following specifications: Flat 1 is 34m² with an EPC rating of D and is let for £785 pcm, Flat 2 is 24m² with an EPC rating of E and is let for £700 pcm, Flat 3 is 44m² with an EPC rating of D and is let for £830 pcm, Flat A is 33m² with an EPC rating of E and is let for £765 pcm, and Flat B is 37m² with an EPC rating of E and is let for £820 pcm, generating a combined annual rental income of £46,800 and an 8.5% yield.