1 bedroom apartment for sale

>

1 bedroom apartment for sale

Locking Road, Weston-super-Mare BS23
£375,000

Our Summary

  • The property represents a unique and ideal Investment opportunity with all flats having separate gas and electric meters and separate Council Tax bands

Description

This property description is for a block of four 1-bedroom flats located in a close proximity to Weston-super-Mare. Each flat has its own separate gas and electric meters and Council Tax bands, and is being offered to investment buyers only. The flats have laminate flooring throughout, and each has a hallway, lounge/kitchenette, bedroom, and shower room. Flat 1 has a current rent of £550 per month, while flats 2-4 have a current rent of £565, £520, and £525 per month, respectively. The flats have double glazing and are situated in a private and sunny rear garden. There is a communal front garden outside flats 3 and 4, and each flat has one allocated parking space. The total annual combined income for the four flats is £25,950, and the yield is in the region of 5.18%.
Finance This Property