Residential Investment Blaenau Gwent NP23 £265,000
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Auction date: Thu, 21/03/2019 - 17:00
A substantial detached building comprising 34 letting rooms. The property benefits from full planning for use of the building as a shared accommodation facility. The building has been upgraded and improved recently and has a full intercom system, a 23 camera security system both internally and externally, a full smoke and heat detection fire alarm system and a master and sub key lock system for flats and main entrance doors. The flats have double glazing, gas central heating (not tested) and each have a kitchen area. There is also a communal garden area, lounge, equipped coin operated laundry room, office, and 2 counselling rooms. Current weekly income - £1,155 (15 tenants) Total income per week fully let - £2,655.00. Annual income when fully let - £138,060.00
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