4 bed block of flats for sale

Clifton Court, Grantham NG31

Clifton Court, Grantham

An excellent opportunity to acquire a fully tenanted, freehold block of four one-bedroom flats, ideally situated on Oxford Street in the centre of Grantham. Each flat is self-contained and offers a well-proportioned layout comprising a double bedroom, a bathroom, a reception room, and its own private entrance—providing a level of independence that continues to appeal to long-term tenants.

The property is currently achieving a total gross rental income of over £20,000 per annum. It is fully managed by a local letting agent, making it a truly hands-off investment with strong ongoing returns. The current tenants are all in place, providing immediate income from day one. The configuration and condition of the property ensures minimal void periods and sustained demand on the rental market.

Located close to Grantham’s town centre amenities and within easy reach of the railway station and transport links, this property enjoys strong rental appeal. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield investment, Clifton Court presents a compelling proposition in a growing East Midlands market.

This is a rare opportunity to secure a high-performing residential block with long-term income potential in an increasingly popular area. Early interest is advised.

Financial Breakdown

Gross Rent: £22,320.00
Net income: £19,558.00
Gross yield: 7.97%
Net yield: 6.99%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08252