13 bed property for sale Sold/Delisted

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

More information

Auction: No

Market Status: Sold/Delisted

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

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

HMO Status: NOT AN 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

The property consists of a block of 7 fully-tenanted flats, producing a net rental income of £5,517.46 per month. The investment is secured with a long-term lease lasting 40 years, let until 2065, to a well-established accommodation provider with over 10 years of trading history. The flats are thoughtfully designed, with 6 two-bedroom units and 1 one-bedroom unit, each featuring a bathroom, kitchen, and reception room. The property is freehold, and the tenant is responsible for bills, council tax, and most internal repairs and maintenance. Located within 1.0 mile of multiple supermarkets, gyms, parks, and shopping centres, with excellent transport links nearby.