3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

Park Street, Weymouth DT4
£200,000

Our Summary

  • **GREAT INVESTMENT OPPORTUNITY WITH OVER 8% RENTAL YIELD**Offered with no onward chain and as a going concern, we are delighted to offer a freehold property split into two self-contained flats currently generating a yearly income of £16,800
  • Great Investment Opportunity Offering Over 8% Rental Yield

Description

This freehold property is a great investment opportunity, currently generating a yearly income of £16,800 from two self-contained flats. The property is located within walking distance of the town centre and beach, and is being sold as a going concern with no onward chain. The two flats, one a large one-bedroom ground floor flat with a private courtyard and the other a two-bedroom duplex flat, are currently rented out for £650 and £750 per month, respectively, providing a rental yield of over 8%. The property offers a great opportunity for an investor or developer to purchase a stable and lucrative income stream with plenty of potential for growth.