Offers over
£720,000
6 bed property for saleTachbrook Road, Leamington Spa CV31
6 beds
6 baths
5 receptions
EPC Rating: C
About this property
Rare Freehold Investment Opportunity
Six Residential Units
Over 8% yield
Currently Generating £60,180 Per Annum
All flats EPC rated C
All Six Flats Currently Tenanted
Convenient Access to Town Centre & Railway Station
Popular Residential Location
Four Flats Accessed via Tachbrook Road
Two Further Flats Accessed via Priory Street with Parking
Handles Property are delighted to offer for sale an established freehold investment comprising six self-contained one-bedroom flats, situated in a sought-after location in Leamington Spa.
The property comprises four flats accessed on Tachbrook Road and two flats accessed to the rear on Priory Street, providing a strong residential investment with all six units.
Currently generating a combined rental income of £60,180 per annum (£5,015 per month), with realistic opportunities for ROI growth. The Investment provides attractive rental accommodation for professional tenants and represents consistent strong income for investors seeking a reliable rental income.
Flat 1 – 29 Tachbrook Road
Located on the ground floor, this well-maintained one-bedroom flat comprises an entrance hallway, open-plan kitchen/living area, good-sized double bedroom and shower room. Currently let at £895 pcm.
Flat 2 – 29 Tachbrook Road
Located at rear of the first floor, this studio flat comprises an open-plan lounge/kitchen/bedroom with appliances and furnishings, together with a separate shower room. Currently let at £725 pcm.
Flat 3 – 29 Tachbrook Road
Located on the first floor, this spacious one-bedroom apartment comprises a modern kitchen/living area, large double bedroom and shower room.
Currently let at £895 pcm.
Flat 4 – 29 Tachbrook Road
Situated on the second floor, this generously sized one-bedroom apartment comprises a modern open-plan kitchen/living area, large double bedroom and shower room.
Currently let at £925 pcm.
9 Priory Street
Situated to the rear of the complex with off-road parking. This one-bedroom flat comprises a good-sized kitchen/living area, double bedroom and shower room. Currently let at £775 pcm.
9a Priory Street
Also to the rear of the complex with off-road parking, this lower-ground-floor one-bedroom flat comprises an open-plan lounge/kitchen, bathroom and large double bedroom. Currently let at £800pcm.
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