>
15 bedroom block of apartments for sale
St. Peters Place, Wallingford, OX10
£1,500,000
St. Peters Place, Wallingford, OX10
£1,500,000
Our Summary
- With potential further investment all of the apartments and units have the potential to generate significantly higher returns to bring the rental yields inline with current market rates
Description
This property is located in the heart of Wallingford, a historic market town on the River Thames, and offers a unique combination of commercial and residential space. The ground floor features five commercial units, currently occupied by established businesses, which generate £13,520 per annum in rental income. The first floor has five 3-bed duplex maisonettes, which are let on ASTs and generate £51,000 per annum. With potential for further investment, the property has the potential to increase its rental yields to match current market rates. The property totals approximately 6,738 sq ft and sits on a 0.16-acre freehold site. With its central location, the property benefits from being close to a range of amenities, including independent shops, restaurants, cafes, and major chains like Waitrose and Lidl.