South Street, Wellington 3 bed apartment for sale

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South Street, Wellington 3 bed apartment for sale

South Street, Wellington
£250,000

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 property is an investment opportunity or personal use, comprising two flats, a 1-bedroom and a 2-bedroom, situated above a shop in Wellington, Somerset. The upper flat is currently let under an assured shorthold tenancy, generating a yield of circa £1525 per month, while the lower flat is vacant. The property benefits from ultrafast broadband, mobile coverage, and a low flood risk. The location is central, with easy access to shops, schools, and the M5 motorway. The property is being sold with the benefit of current rental income, providing a potential investor with a steady income stream.