Block of apartments for sale

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Block of apartments for sale

Western Road, Lymington, Hampshire, SO41
£1,895,000

Our Summary

  • INVESTMENTAn investment opportunity to purchase a former warehouse which has been converted to provide 10 contemporary apartments which are currently let on Assured Shorthold Tenancies

Description

A former warehouse in the town center has been converted into 10 contemporary apartments, each let on Assured Shorthold Tenancies, providing an excellent investment opportunity. The property features electric heating, good order throughout, and 7 parking spaces, with the apartments generating £96,840 per annum. The property is held in a Limited Company, and purchasing the company could offer tax and SDLT benefits, which should be evaluated through independent advice.
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