2134 sq. ft (198.26 m²)
Description
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- 4 self-contained flats fully let and income producing – £30,540
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- 4 vacant garages – ERV £3,360
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- 2 ground rents – £60 p.a.
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- Opportunity to acquire vacant possession of Flats 4 & 5, with the potential to increase the income by up to £18,000 p.a.
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- Excellent location, good re-letting prospects, modern building
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- Offers invited at £450,000 to show an initial yield of 6.8% and a reversionary yield of 8.46% before costs
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