9795 sq. ft (909.98 m²)
Key features
- Fully-let Freehold Investment Opportunity
- Unbroken terrace of 13 three-bedroom town houses
- Strong location with good public transport links
- Current gross income of £119,100 PA
- Currently under-rented with an ERV of £150,900 PA
- Strong reversionary potential
- Discount to Vacant Possession value
- Potential value-add asset management opportunities
- Guide price of £1.8m reflects 8.38% reversionary yield
Description
Built in traditional stone over four floors, the homes follow a uniform layout with a lower ground reception room, ground floor kitchen dining space and WC, two first floor bedrooms and bathroom, and a top floor master suite.
All benefit from gas central heating, double glazing and 26 parking spaces, with all units except No 27 having two spaces.
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