Investment Opportunity Somerset BA4 £350,000 - £400,000

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Auction date: Thu, 22/09/2016 - 18:00

Dating from the 1700s this is a substantial Grade II Listed period building now arranged as a mixture of 10 studios, flats and maisonettes. The ground floor offers 2 x studios, 2 x 1 beds, 1 x 2 bed and 1 x 2 bed maisonette. The first and second floor offers 4 x 1 bed maisonettes. The property offers a yield in excess of 12% per annum producing a total of £44,460. Once modernised there is scope for increasing the rents and the number of bedrooms (subject to the necessary planning consents). Offers significant break-up value. Ideal for investment.

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Tagged
grade II listed 10 flats studio flat 1 bed 2 bed shepton mallet somerset ba4 south west england investment tenant landlord buy to let

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