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7 bedroom block of apartments for sale
Sheep Market, Leek, Staffordshire ST13
£850,000
Sheep Market, Leek, Staffordshire ST13
£850,000
Our Summary
- **Mixed-Use Investment Opportunity**
- We are pleased to present a valuable mixed-use investment opportunity comprising a four-story building located in the heart of Leek, Staffordshire
- The upper floors comprise six apartments, including five one-bedroom units and one two-bedroom unit, offering a compelling investment opportunity
- Potential to add value by splitting the title deeds 6/7 or 8 ways
Description
This mixed-use investment property in Leek, Staffordshire, comprises a four-story Grade II listed building with two retail units on the lower and ground floors, and six residential flats on the upper levels. The property generates a gross annual rental income of £7,800, with a gross yield of 7.28%. The building features a unique blend of period features and modern living expectations, with each apartment having a distinct design and layout. The property is situated in the heart of Leek's town center, offering high visibility and accessibility. With a total accommodation of approximately 6,003 square feet, the property presents an excellent opportunity to add value by splitting the title deeds into individual units.