Freehold Block Of Six Apartments Generating £38,400 Per Annum From 5 out of 6 Let Flats.
*PRE AUCTION OFFERS WELCOMED
*4 WEEKS COMPLETION - EXTENSION AVAILABLE ENQUIRE BEFORE BIDDING
Description
Freehold Apartment Block in BEESTON!
95 Windsor Street (2 bed) £675
95A, 2 bedroom (Currently vacant) £675
95B, 2 Bedroom, £625
95c, £600, 2 Bed
95D, £700, 1 Bed
95E, £600, 1 Bed
A total income currently of £38,400 with 5 out of 6 apartments let.
The vacant apartment is currently up for let and expected to be occupied by the time the purchase has completed.
When fully let the block will generate £46,500 per annum.
The majority of the apartments have long reliable tenants that have occupied for longer than 5 years.
Potential to achieve higher rentals in line with the high demand for the area.
FURTHER DETAILS,
Nestled in the heart of Beeston on Windsor Street, this purpose-built, detached block of flats presents an exceptional investment opportunity. Boasting a blend of modern comfort and convenience, this property comprises six well-appointed units: four spacious two-bedroom flats and two cozy one-bedroom flats.
Each flat is modernized, offering contemporary living spaces that cater to the needs of discerning tenants. With a commitment to quality, these units provide a comfortable and inviting atmosphere, ensuring tenant satisfaction and long-term occupancy.
One of the standout features of this property is the inclusion of private parking facilities, providing convenience for residents. Additionally, a single garage offers further storage options, enhancing the appeal of the property.
Surrounding the block is a garden, creating a environment for relaxation and enjoyment. This green space adds value to the property, offering residents a peaceful retreat within the bustling urban landscape.
Currently, all units are tenanted, providing immediate rental income for the prospective investor. The stability of these tenancies adds further allure to this lucrative investment opportunity.
The property is being offered as a whole, ensuring complete ownership and control for the discerning investor. With a freehold title, you have the flexibility to maximize the potential of this asset according to your investment strategy.
Situated in Central Beeston, this property enjoys a prime location with easy access to a wealth of amenities including shops, restaurants, schools, and transport links. Its central position ensures high demand from tenants seeking convenience and connectivity.
In summary, this property on Windsor Street represents a rare opportunity to acquire a prime investment asset in an affluent and sought-after location. Don't miss your chance to secure this exceptional property and reap the rewards of a sound investment in the vibrant Beeston property market. Schedule your viewing today!
Tenure: Freehold
EPC Rating: see legal pack
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
1.2% inc vat payable upon the fall of the virtual gavel
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