Sponsored Get a Survey — free quotes via ReallyMoving
5 bed detached house
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying — compare up to 5 quotes free
The property is a prime freehold investment in the heart of Andover town centre, consisting of a mixed-use building with a ground floor commercial premises and five self-contained apartments. The commercial space is let on a 10-year lease with a current passing rent of £19,000 per annum, increasing to £20,000 in 2028, and generating a gross income of £49,000 per annum. The five apartments produce a combined rental income of £44,040 per annum and are included within the sale, offering a secure and diversified income stream. The property has a total gross rental income of £63,040 per annum, resulting in an approximate 7.0% gross yield based on the guide price of £900,000.