• Tenure: Freehold

• Outside space: No

• Parking: No

Key features and description

A lucrative freehold investment opportunity consisting of a commercial ground floor space, a first floor office space currently empty, a tenanted one bedroom first floor flat and a spacious HMO apartment currently empty spanning the second and third floors, recently renovated and the perfect rental for a family or young professionals. 

The Commercial unit has a current rental income of £42,000 per annum which is on a 20 year lease with a rent review in 2027.

The first floor office space is currently empty and the rental income is yet to be decided.

The first floor flat is currently rented out at £17,400 per annum.

The top floor flat could achieve a rental of £3400/£3600 per month which is a rough yearly income of £42,000. 

The total annual income equating to £101,400 which gives a gross yield of 6%.