This large freehold property has just come onto the market with Hindhead Property. Usually I post a photo of the property on this blog but there are no external photos being displayed.
The property is located on Connaught Avenue in Mutley, the property is substantial terrace property which comprises of 4 flats. A 2 bedroom garden flat, a further two x two bedroom flats and a 3 bedroom flat on the top floor.
From the internal photos the property looks in good condition, the flats are all currently rented out and produce an income of £31,200.
The property is being marketed for £435,000 and considering that a 2 bedroom flat in this street could be worth in the region of £125,000 looks good value. The current yield is 7.1%.
For more details please visit Zoopla
The property is located on Connaught Avenue in Mutley, the property is substantial terrace property which comprises of 4 flats. A 2 bedroom garden flat, a further two x two bedroom flats and a 3 bedroom flat on the top floor.
From the internal photos the property looks in good condition, the flats are all currently rented out and produce an income of £31,200.
The property is being marketed for £435,000 and considering that a 2 bedroom flat in this street could be worth in the region of £125,000 looks good value. The current yield is 7.1%.
For more details please visit Zoopla
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