4 bedroom block of apartments for sale

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4 bedroom 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

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This Grade II Listed property on Broad Street in Leominster offers a rare investment opportunity, with four individual flats set over two floors. The flats are currently occupied and generating approximately 11% yield based on the asking price, with potential to improve rental returns. The property is located in a popular area with a wide range of facilities, including shops, cafes, pubs, a weekly market, swimming pool, and good road and rail links. The flats are laid out with lounge/kitchen, separate bedrooms, and separate bathrooms, and are in good order throughout. With all flats let on ASTs and regularly reviewed, this is a fantastic opportunity to acquire a block of character apartments in a desirable area, offering a good annual yield and potential for further improvement.