Full Details
INVESTMENT OPPORTUNITY - TWO INDIVIDUAL APARTMENTS - TENANTS IN SITU - 10.8% YIELD
A freehold title where the property has been separated into two apartments with a rental income of £1350.00 pcm.
A chance to acquire the freehold title where the property has been converted into two separate apartments. one being a one bedroom which is currently let at £600.00 pcm. The other apartment is a duplex and offers two bedrooms which is currently let at £750.00 pcm. giving a total monthly rental income of £1350.00 which returns a yield of 10.8%
Apartment One - Ground Floor
Comprises of a lounge, kitchen, bedroom and bathroom arranged over one floor at ground level. This apartment has its own utility connections and benefits from gas central heating. This apartment also benefits from a private enclosed garden. Council Tax Band A - Gloucester City Council
Tenancy is now periodic.
Apartment Two - First & Second Floor
Comprises of a recently refitted bathroom, kitchen, lounge and two bedrooms. This apartment has its own utility connections and benefits from gas central heating. Council Tax Band A - Gloucester City Council
Tenancy commenced 01/05/2024 on a 6 month AST.
The property is currently registered with the land registry on one freehold title.
