Locking Road, Weston super Mare - INVESTMENT PROPERTY
£375,000
High yielding investment opportunity
4 x 1 bedroom flats
Great condition
Very handy location close to the town centre
New Kitchens
Parking to front
Each flat will achieve £800 per month
Retirement is the reason for sale
HIGH YIELDING INVESTMENT OPPORTUNITY
An exciting opportunity to purchase 4 x 1 bedroom flats presented in great condition and ready to rent.
This impressive investment property has been in the same ownership for several decades and is only being sold due to retirement.
Please see individual floor plans and photographs.
The numbers:
Each flat will rent for £800 per calendar month = £3200 per month or £38,400 per annum. This provides a yield of 10.24% at the asking price (£375,000).
Properties of this type seldom come to the market and we strongly advise a prompt viewing.
Other features worth a mention:
*2 parking spaces to the front of the building
*Courtyard garden to rear
*New Kitchens in all 4 flats
*Very well presented throughout - rent the flats straight away
*No chain complications
*Property offered with vacant possession
*Each flat is rated A for council tax
*3 flats have EPC ratings of D and 1 with a C rating.
4
4
4
VIEW PHOTOS
