5 self contained apartments
Gross income of £31,680 p/a representing 8.02% yield.
The property consists of five, fully furnished, self contained apartments with four of the apartments having one bedroom and one apartment having two bedrooms. The property is located within a short distance to local amenities including shops, bakeries, coffee shops, supermarkets, public transport links and great road links. All apartments are currently occupied by tenants on assured shorthold tenancy agreements. Historically the property has had excellent occupancy levels with void periods extremely rare.
The building also has individual security alarms, internal emergency lighting and external security lighting. All apartments have current electrical and gas certificates and EPC's (3xC and 2xD).
The building has a door entry intercom system and is wired for terrestrial TV, cable TV/telephone and BT telephone in all apartments.
2.4% Buyers Fee / 2% +VAT Buyers Fee
Stamp duty due
Based on a sale price of £395,000 the total amount of stamp duty payable will be:
*
Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.