1 bed flat for sale For sale

Address: ************

More information

Auction: Yes

Market Status: For sale

Schools: ************

Transport: ************

HMO Status: Existing HMO

NEAR UNIVERSITY: NO (Dist: 1.50 miles)

NEAR TRAIN STATION: YES (Dist: 0.75 miles)

NEAR BUS STATION: YES (Dist: 0.50 miles)

NEAR HOSPITAL: NO (Dist: 1.20 miles)

About this property

For Sale By Online Auction. Unbroken freehold for sale consisting of a commercial unit and five residential units above, with two of the units recently extended and further potential. The property includes four two-bedroom apartments and an existing licensed HMO with five tenants, achieving a total rental income of £28,000 per annum. The commercial unit is let on a long-term lease, generating £52,000 per annum. The property is fully let on ASTs, with a total current income of £147,200. Multiple supermarkets, gyms, parks, shopping centres, and schools are located within 1.0 mile. The auction will run for 3 hours on a set date and time chosen by the vendor. Bidders must register to download the legal pack and complete identity checks for anti-money laundering purposes.