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5 bedroom detached house for sale

Melton Road, West Bridgford

Sold by Us £550,000

Property Description

Key features

  • Rare, Freehold Opportunity
  • 5x Individual Apartments
  • All Currently Tenanted
  • £33,120 PA Net Rent
  • Over 6% Yield
  • Off Road Parking
  • Excellent Investment

Full description

Tenure: Freehold

The building comprises of 5x self contained one bedroom apartments, two located on the ground floor, two on the first floor and a fifth on the second floor. The communal areas have been recently redecorated and offer a wealth of original features.

Flat 1 - Located on the ground floor, open plan living/kitchen, bedroom & bathroom.

Flat 2 - Located on the ground floor, recently renovated, lounge, separate kitchen, bedroom and en-suite bathroom.

Flat 3 - Located on the first floor, recently renovated, open plan living/kitchen, bedroom & bathroom.

Flat 4 - Located on the first floor, lounge, separate good sized kitchen, bedroom and en-suite bathroom.

Flat 5 - Located on the second floor, lounge, spacious separate kitchen, bedroom and bathroom.

Externally there is off road parking for several vehicles and a communal garden.

The building generates an annual net income of £33,120 which has a yield over 6%. The sale is to include the freehold title to the property too.  


Listing History

Added on Rightmove:
17 November 2016

Map & Street View

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