This property is a rare opportunity for cash buyers to acquire 12 self-contained studio apartments, many with mezzanine bedrooms, in a building arranged over 4 floors. The apartments, which currently generate £139,250 in annual rent, offer a 5.73% return. However, with some updates, a new owner could potentially increase the rent to £1,500 per month per apartment, achieving a 8.4% return on the asking price of £1.7 million. The property features a central communal heating and hot water system, a separate laundry room, and a vaulted storage area on the lower ground floor.