Leasehold Information:
Term: 999 years from 29 September 1871.
Ground Rent: £2

We are pleased to offer this property, which has been converted into two separate flats, presenting an excellent investment opportunity. The property is in good condition throughout and provides two well-maintained, self-contained units: a ground-floor studio and a spacious two-bedroom flat on the first floor.

Ground Floor - Studio Flat: The ground floor has been converted into a studio flat. The flat features an open-plan layout that maximizes the use of space, with a comfortable living area, modern kitchenette, and a separate shower room. Ideal for a single professional or couple, this studio has been finished to a high standard and is currently achieving £650 per month in rent.

First Floor - Two Bedroom Flat: Upstairs, the two-bedroom flat provides generous living accommodation, with two well-sized double bedrooms, and a living room with a fully equipped kitchen, and a family bathroom. This flat is perfect for a small family or professional sharers. It is currently being rented out for £750 per month.

Investment Potential: Together, both flats are currently generating a total rental income of £1,400 per month (£650 for the studio and £750 for the two-bedroom flat). However, there is significant potential for increased rental income, with the possibility of achieving £1,600 per month in total, providing an excellent opportunity for future growth.

At this rental income, the property offers a potential yield of over 11%, making it an attractive proposition for investors seeking a high return on their investment.

Viewing Highly Recommended: This property is ideally located and offers excellent value for money in today’s market. Given its current condition, rental potential, and attractive yield, we highly recommend arranging a viewing to fully appreciate the opportunity it presents.

Don't miss out on this fantastic investment property—book your viewing today!

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.