Property description
** INVESTMENT OPPURTUNITY **
A freehold development offered for sale with 2 commercial units and four flats currently generating an annual income of £34,080 equating to a gross yield of circa 9.7%.
The development briefly comprises of two shops let at £360/month each, two studio flats let at £440/month and £380/month and two 2 bedroom flats let at £650/month each.
The property is located in the popular area of Eling within half a mile of Totton Centre. Totton Centre has a train station with links East and West to Southampton Central, Southampton Airport and London. Accessible via the A35 with links to the M27 via junction 23 taking you east and west bound onto the M3 taking you to London and the north.
Eling Water Front and Tide Mill is located just over half a mile away.
First floor flat
Two bedrooms
Fitted kitchen
Bathroom
Double glazing
Lounge/ diner
Shower Room
Gas central heating