5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Holway Road, Holywell
£260,000

Our Summary

  • INVESTMENT OPPORTUNITY | BLOCK OF FOUR APARTMENTS | TENANTS IN SITU
  • Ideal Investment Opportunity

Description

This is an investment opportunity to purchase a block of four apartments, three one-bedroom apartments and one two-bedroom apartment, currently occupied with tenants in situ, generating an immediate return. The property is located on the outskirts of Holywell, North Wales, and each flat has a parking space. The apartments benefit from a communal garden to the rear and have a total floor area of 2,713.38 sqft. The current income is £2,145 PCM, providing a gross rental yield of 9.90%. The property is well-maintained, with Upvc double glazing and Gas Central Heating in some apartments, and Electric Heating in others. The water rates are included in the rents, and Electric is included in the rent for Flats 2a, 2b, and 3. This is a fantastic opportunity for an investor to purchase a property with a strong rental income and potential for further development.
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