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Property for sale
North Street, Great Dunmow, CM6
£750,000
North Street, Great Dunmow, CM6
£750,000
Our Summary
- INVESTMENT OPPORTUNITY - MIXED USEFREEHOLD PROPERTY SOLD AS A GOING CONCERNLocated in the popular town centre of Great Dunmow is this period building split in to three spacious 2-bedroom apartments, one on the ground floor with the benefit of outside space and two on the first floor and the commercial shop unit
Description
This investment opportunity is a freehold, mixed-use property located in the town centre of Great Dunmow, comprising three 2-bedroom apartments and a commercial shop unit. The property is sold as a going concern, with all residential apartments on Assured Shorthold Tenancies and the shop subject to a commercial lease. The tenants pay a total of £3,535 per month, generating a total annual rent of £42,420 and a circa 6% yield. The property benefits from parking to the rear and is available for viewing by strict appointment only. The flats have varying energy efficiency ratings, with Flats A and B rated Grade E, Flat C rated Grade D, and the commercial shop rated Grade B.