Severn Road, Weston super Mare - FANTASTIC YIELD
- Investment Potential
- High Yield
- 5 Self Contained Flats
- Current Annual Income Circa £33,000
- Feb Auction Entry
- Great location close to the sea front
- Scope to increase rents
- Freehold tenure
Sold in conjunction with Auction House Bristol and scheduled for their February online Auction. Further details including auction pack found at www.Auctionhouse.co.uk
A high yielding investment property offering circa 10%pa comprising 5 self contained flats. Opportunity to either continue as investment or sell flats individually once refurbished.
Currently let at 33,240pa, the property offers an attractive yield of circa 10% based on the guide price. Arranged at 4 x 1 bed and 1 x 2 bed self contained flats the property offers excellent rental potential. Once modernised the property offers opportunity to grow the rental income, or sell the flats individually with a potential gross development value of in excess of £550,000.