3 bedroom apartment for sale

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3 bedroom apartment for sale

High Street, Kington HR5
£195,000

Our Summary

  • Investment opportunity - shop and flat with 7
  • Viewing is highly recommended to appreciate the accommodation and potential on offer
  • Situated within the centre of the market town of Kington is 7 High Street, a mid terraced Grade II Listed property offering an investment opportunity

Description

The property is a Grade II Listed mid-terraced building in the centre of the market town of Kington, offering an investment opportunity with a 7.76% yield. The property comprises a shop on the ground floor and a flat on the first and second floors, both of which are currently let out. The shop has a cellar and a courtyard, while the flat has a living room, dining room, kitchen, three double bedrooms, and a family bathroom. The property has electric storage heating and is located in a well-catered-for area with individual shops, supermarkets, and schooling nearby. The shop is let for the next 8 years at £8000 per annum, while the flat is let on a 12-month lease at £595 per calendar month, providing a total yield of 7.76%.
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