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Eight Acre Lane, Wellington TA21 4 bed block of apartments for sale
Eight Acre Lane, Wellington TA21
£300,000
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, located on Eight Acre Lane, offers a rare investment opportunity for a buyer. The properties, 1 & 2 Southside, feature separate front doors and a shared garden, with 1 Southside on the ground floor and 2 Southside on the first floor. The corner plot has a generous garden that could be separated into two if desired. The apartments are situated in a popular location, just a short stroll from Wellington town centre and within walking distance of Wellington School, Wellesley Park Primary School, and other local schools. With a potential gross yield of 7% and a rental income of £900pcm for each flat, this property presents a lucrative investment opportunity.