Edwards Estate Agents

St. Gregorys Road, Stratford-Upon-Avon, CV37 6UH

Offers In Excess Of £699,995
For Sale

Full Description

9
9
9
  • Superb freehold investment property
  • 9 Studio flats
  • 6.4% yield
  • 0.3 miles from town centre
  • Private car park
  • Sought after location
  • All flats on AST
  • NO CHAIN
A rare and valuable opportunity to purchase the freehold of this period investment property which contains 9 studio flats generating a yield of 6.4% in a superb location just 0.3 miles from the town centre.

All of the flats benefit from a parking space within a private car park which belongs to the the property. It is thought that there is potential to extend the existing building to create more apartments subject to the relevant consents. All of the flats are currently let on Assured Shorthold Tenancies. The property has a fantastic track record of avoiding void periods such is the demand for affordable town centre accommodation. The rental income from the flats is £44,640 per annum however, there is additional income that can be generated by leasing the parking spaces separately.

This is a superb opportunity to purchase an established investment property, which is a great base to build upon and as such early viewing is highly recommended as this superb opportunity is not to be missed.

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Additional Notes

E-Mail
info@movewithedwards.co.uk

Post
30 Meer Street,
Stratford upon Avon,
Warwickshire, CV37 6QB

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Edwards Estate Agents
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Tel: 01789 414 222