Guide price
£750,000
(£1,056/sq. ft)
8 bed property for saleExeter Road, Newmarket CB8
8 beds
6 baths
5 receptions
710 sq. ft
Added on
Nested
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About this property
Block of 6 self contained apartments
3 x 1 bedroom apartments
2 x 2 bedroom apartments
1 x studio apartment
Rental income approximately £63k per annum
Freehold included
A collection of six self-contained apartments just moments from the town centre and racecourse.Five units are currently let, the only vacant unit at present is photographed.
Arranged with one apartment at lower ground level, two apartments at ground level, two at first floor level and the 6th apartment on the second floor.
The current rental income in £63,500 per annum when the units are fully occupied, and the current letting agent have offered to continue their full management service if required.
The property comes with the freehold, which could then be divided between the apartments if they were to be sold individually.
We believe that 31 Exeter Road was converted from a single residence in 2003.
Full tenancy information and rent accounts will be provided at offer stage.
Location
Newmarket town centre, close to all amenities
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