4 bed block of flats for sale

Red Lion Street, Boston, Lincolnshire PE21

Red Lion Street, Boston, Lincolnshire, Pe21 6Pz

Attention investors - turnkey investment opportunity generating 9% net yield! Exceptional freehold investment opportunity consisting of three self-contained flats.

An outstanding opportunity to acquire a freehold block of three self-contained flats, comprising 2 x one-bedroom flats and 1 x two-bedroom flat, all fully tenanted and generating an attractive 9% gross yield from day one.

This turnkey investment has been well maintained and recently refurbished, offering a low-maintenance addition to any portfolio. There is excellent opportunity to increase rental income and enhance future returns.

Boston remains a highly sought-after buy-to-let location, renowned for its affordable property prices, strong tenant demand and consistently high rental yields. With a diverse local economy and a robust rental market, the area continues to attract investors looking for reliable cash flow and long-term capital growth.

A rare opportunity to secure a fully let freehold block with immediate income, strong yield and clear asset management potential.

Please note, lettings and management charges may apply and figures are representative of the property being self managed.

Financial Breakdown

Gross Rent: £22,680.00
Net income: £21,985.00
Gross yield: 9.07%
Net yield: 8.79%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08584