9 bedroom block of apartments for sale

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9 bedroom block of apartments for sale

Dorchester Road, Weymouth, Dorset, DT4
£875,000

Our Summary

  • Description Presenting a rare investment opportunity, this unbroken freehold block of 5 apartments and 2 Commercial units is now available for sale
  • Situated in a popular Weymouth location, this property boasts tremendous potential for investors
  • The ground floor of the property is split in to two commercial units, the smaller of which i subject to a planning application for a residential conversion and the other is currently occupied by a well established national business

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This rare investment opportunity presents a freehold block of five apartments and two commercial units in a popular Weymouth location. The property offers tremendous potential for investors, with a mix of apartment types, including one one-bedroom and two two-bedroom apartments, and two commercial units on the ground floor. The commercial units include a retail unit let to Sue Ryder and a smaller unit currently trading as a hairdresser. The apartments are all let on ASTs, producing a combined annual income of £66,276, which equates to a potential yield of 7.6%. The property also benefits from gas-fired central heating and is well insulated, with no major issues noted. With all rental figures available on request, this is an attractive opportunity for investors looking to capitalize on the property's potential.
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