Offers in region of
£300,000
(£249/sq. ft)
3 bed block of flats for saleUpper East Street, Sudbury CO10
3 beds
2 baths
2 receptions
1,206 sq. ft
EPC Rating: D
Added on
About this property
Close to Town Centre and Train Station
Three Bedroom Ground Floor and One Bedroom First Floor Mainsonettes
Impressive 7.2% Gross Rental Yield
Offered as a Freehold Unit
Parking Available
Offered With No Onward Chain
An excellent investment opportunity to acquire a pair of self-contained maisonettes being sold as a single freehold unit, conveniently positioned within easy reach of Sudbury town centre, local amenities and Sudbury railway station.
The accommodation comprises a spacious ground-floor three-bedroom maisonette and a well-proportioned first-floor one-bedroom maisonette, both of which are currently tenanted and producing a combined rental income of £1,800 per calendar month (£21,600 per annum). Based on the asking price, this represents an attractive gross rental yield of approximately 7.2%.
The ground-floor maisonette offers well-balanced accommodation including a generous living room, fitted kitchen, three bedrooms and a family bathroom, making it an appealing option for families and long-term tenants. The property is currently let at £1,100 per calendar month.
Occupying the first floor, the one-bedroom maisonette comprises a spacious living room, separate kitchen, double bedroom and bathroom. The property is currently achieving £700 per calendar month and provides a strong supplementary income stream.
The properties are situated within a well-established residential location, just a short distance from Sudbury's thriving town centre, which offers a comprehensive range of shopping, leisure and educational facilities. Sudbury railway station is also nearby, providing links towards Marks Tey and onward connections to London Liverpool Street.
This ready-made investment offers immediate income with established tenants in situ and represents an attractive addition to both experienced and first-time property investors seeking a strong yielding asset within a popular Suffolk market town.
Call Oakheart today to arrange your viewing!
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Tenure
Share of freehold
Service charge
Council tax band
B
Commonhold details
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