Offers over
£230,000
3 bed flat for saleAlma Road, Sheerness ME12
3 beds
3 baths
3 receptions
Added on
Rule & Rule
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About this property
Freehold Investment opportunity comprising 3 self contained 1 bed flats
Each currently let at £700 pcm or £25,200 per annum
Yielding a useful 10-11%!
All well maintained
All double glazed with storage heating
Sold with freehold interest.
Call Mark at the office for further details.
EPCs: F1 D, F2 D, F3 E.
End-terraced freehold investment – three self-contained 1-bed flats
A solid investment opportunity comprising a freehold block of three purpose-built, self-contained one-bedroom flats, each arranged with a bedroom, shower room and open-plan lounge/kitchen. All units benefit from double glazing and electric storage heating.
Each flat is currently let on Assured Shorthold Tenancies at £700 pcm, producing a combined gross income of £25,200 per annum. At a guide price of £230,000, the block returns an attractive gross yield of 10.96%.
Outside, the property enjoys an enclosed communal rear garden, offering scope for improvement and added value with a little tlc.
Call Mark at the office for further information.
Flat 1
Entrance Hall
Carpet, storage heater, door to...
Bedroom (10' 6'' x 7' 9'' (3.20m x 2.36m))
Carpet, double glazed window, power points.
Shower Room
Shower cubicle with electric shower, low level WC, pedestal wash hand basin, extractor fan.
Lounge/Kitchen (14' 6'' x 13' 6'' (4.42m x 4.11m))
Carpeted lounge area, double glazed window, storage heater, kitchen area with wall and floor cabinets, stainless steel sink unit, space and plumbing for washing machine, built in oven and hob, airing cupboard with tank, power points.
Flat 2
Entrance Hall
Carpet, storage heater, door to...
Bedroom (10' 6'' x 7' 9'' (3.20m x 2.36m))
Carpet, double glazed window, power points.
Shower Room
Shower cubicle with electric shower, low level WC, pedestal wash hand basin, extractor fan.
Lounge/Kitchen (14' 6'' x 13' 6'' (4.42m x 4.11m))
Carpeted lounge area, double glazed window, storage heater, kitchen area with wall and floor cabinets, stainless steel sink unit, space and plumbing for washing machine, built in oven and hob, airing cupboard with tank, power points.
Flat 3
Entrance Hall
Carpet, storage heater, radiator panel.
Bedroom (10' 6'' x 7' 9'' (3.20m x 2.36m))
Carpet, double glazed window, power points.
Shower Room
Shower cubicle with electric shower, low level WC, pedestal wash hand basin, extractor fan.
Lounge/Kitchen (14' 6'' x 13' 6'' (4.42m x 4.11m))
Carpeted lounge area, double glazed window, storage heater, kitchen area with wall and floor cabinets, stainless steel sink unit, space and plumbing for washing machine, built in oven and hob, airing cupboard with tank, power points.
Outside
Enclosed communal garden to rear.
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