1 bedroom block of apartments for sale

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1 bedroom block of apartments for sale

Postern Gate, Bridgnorth. WV16 4BX
£375,000

Our Summary

  • INVESTMENT OPPORTUNITY - SIX, ONE BEDROOM APARTMENTS, ALL ENSUITE
  • INVESTMENT OPPORTUNITY - CURRENT APPROX NET YIELD - BETWEEN 8 AND 10% - 6, ONE BEDROOM, ENSUITE, STUDIO APARTMENTS

Description

This is an investment opportunity in Bridgnorth, featuring six one-bedroom apartments, all with en-suite shower rooms and WCs. The property is fully modernized and tastefully appointed, with fully integrated kitchens and some white goods. The building is currently fully managed by Fields of Shifnal, and all apartments are fully occupied on assured shorthold tenancies. With an approximate net yield of 8-10%, this property offers a strong return on investment, with no upward chain.