Studio flat for sale

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Studio flat for sale

Kings Road, Rushden, NN10 0DL
£180,000

Our Summary

  • Both properties would also benefit from modernisation, and should this take place, the rents would increase accordingly

Description

This is a rare opportunity to purchase two leasehold flats, as well as the freehold for the site, located on the corner of Kings Road and Portland Road. Both properties have live tenancies, generating a total income of £900 per calendar month, equivalent to a 6% return. The flats have separate entrances and parking spaces, and the freehold sale includes the site covering three overall flats. The properties would benefit from modernization, which could increase rents accordingly. The leasehold properties have approximately 67 years remaining on the lease, and the freehold sale includes the freehold for the site. Viewings can be arranged through the sole selling agents.
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