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4 bed property, in Four Flats and Freehold, £370,000
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4 bed property

Four Flats and Freehold, Grinford House, New Market Street, Buxton, Derbyshire SK17 6LP
£370,000
AuctionFreehold

Grinford House, in the SK17 6LP area, is a freehold block consisting of four self-contained one-bedroom flats. Each flat has a separate kitchen, bathroom, and floor covering, and has been recently refurbished. The property is entirely occupied by professional tenants, providing a reliable income stream with no rental arrears. The current rent roll is £2,475 per month, generating an annual income of £29,700. The block is situated on a single freehold title, and as such offers potential to create individual leasehold titles, allowing for refinancing and potentially increasing capital value.