South Street, Wellington 3 bed apartment for sale

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South Street, Wellington 3 bed apartment for sale

South Street, Wellington
£243,000

Our Summary

  • Investment Opportunity / Or Personal Use
  • Letting Information - The upper flat is currently let and the property is being sold as an investment opportunity

Description

This is an investment opportunity or potential personal use property in Wellington, Somerset, comprising two flats, a 1-bedroom and a 2-bedroom, with one currently let on an assured shorthold tenancy. The property is situated above a shop on South Street, with access to both flats via a staircase. The upper flat is arranged over two floors and includes a sitting room, kitchen, two bedrooms, and a shower room, while the lower flat has one bedroom with an en-suite shower, a sitting/dining room, and a kitchenette. The property benefits from ultrafast broadband, mobile coverage, and low flood risk, and is situated in the heart of Wellington, with a range of shops, schools, and businesses nearby. The current yield for both flats is circa £1525 per month, with the potential for further rental income.