£375,000
4 bed property for saleLocking Road, Weston-Super-Mare BS23
4 beds
4 baths
4 receptions
About this property
High yielding investment opportunity
4 x self contained 1 bedroom flats
Great condition
Very handy location close to the town centre
New Kitchens
Parking to front
Each flat will achieve £800 per month
Retirement is the reason for sale
Can be sold or let individually as all flats have planning consent
No chain complications
An exciting opportunity to purchase 4 x self contained 1 bedroom flats presented in great condition and ready to rent.
All flats have planning consent allowing the flats to be sold or let individually, if needed.
This impressive investment property has been in the same ownership for several decades and is only being sold due to retirement.
Please see individual floor plans and photographs.
The numbers:
Each flat will rent for £800 per calendar month = £3200 per month or £38,400 per annum. This provides a yield of 10.24% at the asking price (£375,000).
Properties of this type seldom come to the market and we strongly advise a prompt viewing.
Other features worth a mention:
*2 parking spaces to the front of the building
*Courtyard garden to rear
*New Kitchens in all 4 flats
*Very well presented throughout - rent the flats straight away
*No chain complications
*Property offered with vacant possession
*Each flat is rated A for council tax
*3 flats have EPC ratings of D and 1 with a C rating.
*Relevant fire alarm system
Please call to arrange a viewing on .
"Nobody sells like we do"
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£1,875 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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