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Princes Avenue, Withernsea 4 bed terraced house for sale
Princes Avenue, Withernsea
£165,000
Princes Avenue, Withernsea
£165,000
Our Summary
- OUTSTANDING INVESTMENT OPPORTUNITY - THREE SELF CONTAINED FLATS - ANNUAL INCOME OF £14,580 - 8
- 3% YIELD AT ASKING PRICENestled in the vibrant locale of Princes Avenue, this townhouse, skillfully transformed into three separate flats, represents a lucrative investment opportunity
Description
This outstanding investment opportunity is a townhouse converted into three self-contained flats, generating an annual income of £14,580, equivalent to an 8.3% yield at the asking price. The property is situated on Princes Avenue, a vibrant locale with local amenities nearby. The three flats include a one-bedroom flat on the ground floor, a two-bedroom residence on the second floor, and an additional one-bedroom flat on the top floor. All units are currently leased, offering a steady stream of rental income. The property also features a well-maintained garden at the rear, providing an inviting outdoor space. With its prime location and diversified income streams, this property is an excellent investment opportunity for those looking to generate a strong return on investment.