Residential development for sale

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Residential development for sale

Great Whyte, Eagle House Great Whyte, PE26
£129,995

Our Summary

  • This Ready made investment opportunity comprises
  • The current owner is looking at selling both apartments together as they share a communal entrance and hallways and their is no official management company in place, cash buyers and buyers with commercial mortgages only

Description

This investment opportunity comprises two apartments, Flat 1 and Flat 2, located above a row of shops. Flat 1 is a two-bedroom apartment with an open plan kitchen/diner, living room, and bathroom, currently let at £695 PCM. Flat 2 is a one-bedroom apartment with an open plan kitchen/living room and bathroom, currently let at £550 PCM. Both apartments have storage heaters and hot water cylinders. The property is covered by flat roofing and has a communal entrance and hallways. The current owner is looking to sell both apartments together, with no official management company in place, and is seeking cash buyers or those with commercial mortgages. The ground rent and insurance for the two apartments totals £1247.66 per year.
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