£425,000
6 bed property for saleMixed Use Investment Opportunity, Ashby Road, Scunthorpe DN16
6 beds
4 baths
4 receptions
Added on
Walshes Property
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About this property
Great Investment Opportunity
Large Commercial Unit
Rear Parking for multiple cars
Five Total Units
Walshe’s Property proudly presents this fantastic mixed used investment opportunity on Ashby Road in Scunthorpe, North Lincolnshire.
Comprising of four flats & a large office space, all in great condition, the property is fully pre-tenanted, with with the following rents:
Large Office Space - £666.67 pcm
Two Bedroom Flat x2 - combined £1050 pcm
One Bedroom Flat x2 - combined £900 pcm
Total Monthly Rent - £2616.67
Current Gross Rental Yield of 7.39%
The property offers scope to increase rents up to the following rents:
Large Office Space - £800 pcm
Two Bedroom Flat x2 - combined rent of £1200 pcm
One Bedroom Flat x2 - combined rent of £1100 pcm
Total Potential Monthly Rent - £3100
Total Potential Gross Rental Yield of 8.75%
For further information please contact us.
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