Property description
Robert Luff & Co are delighted to offer this rare opportunity to own the freehold and five self contained flats ideally situated off the cusp of the town centre with the seafront and mainline station nearby. The property offers one, one bedroom flat, two ground floor two bedroom garden flats and two further two bedroom flats. We appraise that in current market conditions an annual income of £49,200 could be achieved giving a yield in excess of 5%.
Flat 1
Currently let at £770 pcm however we appraise this property to be worth £850 pcm.
Flat 2
Currently let at £770 pcm however we appraise this property to be worth £900 pcm.
Flat 3
Currently vacant, however we appraise the property to be £700 pcm.
Flat 4
Currently let at £695 pcm however we appraise this property to be worth £800 pcm.
Flat 5
Currently let at £695 pcm however we appraise this property to be worth £850 pcm.
Agents Note:
The property comes will the freehold for all the flats, off road parking and cellar space.
Property Features :
- Great Investment Opportunity
- 5 Converted Modern Flats
- In Excess of 5% Yield
- Close to Seafront & Mainline Station
- Walking Distance to Town Centre