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11 bedroom terraced house for sale
Holsworthy
£550,000
Holsworthy
£550,000
Our Summary
- An excellent investment opportunity to acquire 7 cottages with existing tenancies in place
- Investment Opportunity, 7 Properties, 8
- Description - A complex of 7 self-contained cottages, each sought after and let on Assured Shorthold Tenancies which are nearly all on a periodic basis with existing tenants in place, offering a rare and exciting investment opportunity
Description
This is an exceptional investment opportunity to acquire a complex of 7 self-contained cottages, each with existing tenancies in place, generating an impressive 8.1% gross yield per annum. The cottages are located in a rural hamlet near the market town of Holsworthy and just over 12 miles from the North Cornish coast. The complex consists of 4 two-bedroom cottages and 3 one-bedroom cottages, each with its own patio area and individual parking space. The cottages are all let on Assured Shorthold Tenancies, nearly all on a periodic basis, with existing tenants in place. The property benefits from off-road parking, freehold ownership, and is subject to an over-55s occupation restriction. With EPC Band D ratings and mains water and electricity, this is a rare and exciting investment opportunity.