£2,500,000
Apartment
Share Property
Features
8
Bedrooms
8
Bathrooms
Receptions
Parking
Summary
Apartment
Type
-
Tenure
-
Qualification
-
Approx Size m2/ft2
Investment Opportunity – Block of 8 x One-Bedroom Purpose Built Apartments with 20 Parking SpacesA superb opportunity to acquire a purpose built block of eight one-bedroom apartments, most of which have been tastefully renovated over the past couple of years.This three-storey building comprises well-presented accommodation throughout, with each apartment featuring an entrance hall, spacious double bedroom, modern bathroom, and a bright, airy lounge opening onto a kitchen.Externally, the property benefits from 20 parking spaces, providing ample off-road parking for residents or the opportunity to rent them them out.Currently, three apartments are vacant, with a further three due to become vacant later this year, and the remaining two early next year – offering excellent flexibility for investors seeking to refresh tenancies or re-let at current market rates.With a potential annual income of approximately £158,400 this property represents an attractive gross yield of circa 6.3%, making it a solid investment opportunity on the outskirts of town.
Map
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Stamp Duty
Calculated on the property value of £2,500,000 the total stamp duty would be £112,000
Subject to £80 registration fee and £20 Jurat's fee where applicable.
Subject to £80 registration fee and £20 Jurat's fee where applicable.



































