2 bedroom block of apartments for sale

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2 bedroom block of apartments for sale

Houghton Road, Thurnscoe, S63
£90,000

Our Summary

  • *CASH BUYERS ONLY* *FIXED PRICE**INVESTORS ONLY - TO BE SOLD WITH TENANTS IN SITU*We are delighted to offer for sale this freehold property that has been converted into 2 x 1 bedroom flats, situated in a good residential area close to schools and all local amenities both benefitting from an EPC rating of C
  • Currently generating an income of £12,000 per annum with the potential for a rental increase, this opportunity would provide an excellent projected ROI of 16

Description

This freehold property, located in a residential area near schools and amenities, has been converted into two 1-bedroom flats that must be sold together. The property currently generates an annual income of £12,000 and has the potential for a rental increase, offering a projected ROI of 16.5%. Each flat has a separate entrance, double glazing, gas central heating, and private parking. The property is in good condition, with a C EPC rating, and is already tenanted, providing a stable income stream. The buyer will need to pay a buyer's premium of 1% + VAT, with a minimum payment of £2995 + VAT, to secure the property.
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