Broad Street, Leominster... 4 bed block of apartments for sale

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Broad Street, Leominster... 4 bed block of apartments for sale

Broad Street, Leominster, Herefordshire, HR6 8BS
£205,000

Our Summary

  • Flats 1-4, 10-12 Broad Street is a handsome Grade II Listed property which represented a superb investment opportunity
  • All flats are currently occupied and are generating approximately 11% based on the asking price, with the opportunity to further improve rental returns
  • This offers the buyers or potential property investors the ability to achieve a good annual yield, having 4 units contained within one well cared for property
  • Ideal Investment Opportunity

Description

This charming Grade II Listed property, located on Broad Street in Leominster, offers a unique investment opportunity. The property comprises four individual flats, spread over two floors, which are currently occupied and generating a 11% annual return based on the asking price. The flats are laid out with a lounge/kitchen, separate bedrooms, and bathrooms, and are in good order throughout. The property benefits from a prominent position in the heart of Leominster, with easy access to local amenities, including shops, cafes, pubs, and good road and rail links. With a strong demand for housing in the area, this property presents a fantastic opportunity to acquire a block of character apartments with the potential to achieve a good annual yield.