Sold subject to contract

Offers in region of

£300,000

(£249/sq. ft)

3 bed block of flats for sale
Upper East Street, Sudbury CO10

    • 3 beds

    • 2 baths

    • 2 receptions

    • 1,206 sq. ft

  • EPC Rating: D

  • Chain free
  • Share of Freehold

Added on

Oakheart Property - Sudbury

Logo of Oakheart Property - Sudbury

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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More information

  • Tenure

    Share of freehold

  • Service charge

  • Council tax band

    B

  • Commonhold details

See all recent sales in CO10

Property descriptions and related information displayed on this page are marketing materials provided by - Oakheart Property - Sudbury. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Oakheart Property - Sudbury for full details and further information.