MovingDay logo MovingDay
Land, in Rotherham Town Centre, £1,000,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

Land

Rotherham Town Centre, Rotherham
£1,000,000
Freehold

The property is a freehold town centre apartment block located in Rotherham, South Yorkshire, with nine self-contained flats producing a combined income of £68,220 per annum. The block is a substantial early 20th century civic building with robust construction and adaptable internal layouts, benefiting from individual electricity meters to each flat and a property management company handling day-to-day operations. The accommodation includes a mix of studio, one, and two-bedroom apartments, with rents ranging from £450 to £850 per month, averaging approximately £631 per unit. The property benefits from electric heating, UPVC double glazing, and all mains services are connected, making it suitable for continued residential use or repositioning, including potential future development of the adjacent land with planning consent for 16 additional apartments or alternative uses such as leisure or mixed-use.