10 bed property

The property is a ready-made rental portfolio located at 10-12 Mallaby Street, featuring 7 flats. It includes 2 flats at No. 10, consisting of a 3-bedroom flat with 1 reception room and a kitchen, and a 1-bedroom flat with 1 reception room and a kitchen. No. 12 contains 5 flats, comprising 2 two-bedroom units and 3 one-bedroom units, each with 1 reception room, 1 bathroom, and a kitchen. The property currently yields approximately 7.4% with a monthly income of £23,719.92pa from 5 tenanted units, and has potential for increased rental income as all tenants are now out of contract. The property sits on a freehold tenure with a council tax band of A, and features a communal garden and on-street parking. The EPC ratings range from C to D, with an expiry date between August 2032 and September 2035.