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7 bed terraced house
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The property is a freehold investment opportunity consisting of a block of 6 self-contained units. The building is arranged to provide multiple residential units, with a partially let schedule and scope to increase current rental income. The let units include 5 flats and 1 studio, generating a total current rent income of £3,025 per month (£36,300 per annum). The vacant studio has the potential to churn £1,175 per month when let, increasing the total potential income to £45,000 per annum when fully occupied. The property is situated in a convenient and established location, close to local amenities and transport links, making it attractive to tenants.