1 bedroom flat for sale

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1 bedroom flat for sale

Broad Street, Leominster, HR6
£60,000

Our Summary

  • Excellent, very high yield investment opportunity compromising of four one bedroom apartments situated within a handsome and charming Grade 2 listed property in central Leominster (Broad Street) within very close proximity of offices, places of work, shops, cafes, pubs and restaurants, yet with easy and immediate access to the A49 south to Hereford and North to Ludlow and Shrewsbury

Description

This is an investment opportunity to acquire a block of four one-bedroom apartments in a central location in Leominster, with a current rent of £1,747 per month and a gross yield of 8.5%. All apartments are fully tenanted with up-to-date certifications and tenant administration, and the property is being sold with the freehold. The apartments are located in a popular area with easy access to amenities, and the property is being managed by Northwood, who are offering the first three months of management free. The property has the potential for a gross yield of 10% and is an excellent opportunity for investors looking for a low-cost, high-yielding property investment with immediate rental income.
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