Eight Acre Lane, Wellington TA21 4 bed block of apartments for sale

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Eight Acre Lane, Wellington TA21 4 bed block of apartments for sale

Eight Acre Lane, Wellington TA21
£300,000

Our Summary

  • Previously build for the benefit of Wellington School teachers, this is a detached Freehold pair of purpose built two bedroom apartments offered for sale with no onward chain, with a potential gross yield of 7% creating the perfect opportunity for an investor
  • Fantastic investment opportunity

Description

This detached pair of two-bedroom apartments, 1 & 2 Southside, is being sold with no onward chain, offering a potential gross yield of 7% for investors. The properties are situated on a corner plot with a generous garden, which could be separated into two if desired, and are just a short stroll from Wellington town centre. Each apartment has its own unique features, with 1 Southside on the ground floor featuring walk-in bay windows and 2 Southside on the first floor having a slightly larger sitting room. With a potential rental income of £900pcm for each flat, this is an attractive opportunity for investors. The location is highly sought after, being close to Wellington School, Wellesley Park Primary School, and Wellington Junior and Senior Schools, with easy access to the M5 motorway.