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15 bedroom block of apartments for sale
Broadway, Didcot, OX11
£2,400,000
Broadway, Didcot, OX11
£2,400,000
Our Summary
- *INVESTMENT OPPORTUNITY* An opportunity to purchase nine one bedroom apartments and three two bedroom apartments forming parting of this very impressive conversion of an old bank in the middle of Didcot Town Centre
Description
This impressive conversion of an old bank in Didcot Town Centre offers a unique investment opportunity, featuring nine one-bedroom and three two-bedroom apartments with a combined rental income potential of £156,000 per annum. The freehold is included in the sale, with each unit ranging from 413 to 914 square feet and boasting impressive features. The town of Didcot offers a range of leisure and sporting facilities, as well as a shopping complex and excellent road links to major highways. The apartments are leasehold, with 999-year leases and ground rents of £125 per annum per unit, and service charges vary depending on the size of the unit. The property is situated in an area with standard to ultrafast broadband availability and low risk of flooding, making it an attractive investment opportunity for those looking to capitalize on the growing demand for rental properties in the area.