Appleby's Estate Agents
Unit 19 8 Highnam Business Centre
Highnam
Gloucester
GL2 8DN
High Street, Cinderford
£425,000
5 Bedroom Block of Flats
- 5 FLATS ALL ON ONE FREEHOLD
- VERSATILE RENTAL INCOME
- CENTRAL TOWN LOCATION
An opportunity to acquire a versatile investment buy of 5 FLATS! (Freehold)
The building is situated in the centre of Cinderford opposite Lidl.
Total gross yield at asking price 9.9%
Summary
Currently 4 flats are vacant.
The ground floor flats have there own entrances
The top floor flats are accessed is via a staircase to the outside.
5 x 1 bed flats total £3510.00PCM
Total gross rental £42,120 PA
Total gross yield at asking price 9.9 % return (gross)
Useful Info
Flat 75-EPC rating D - 26 Sq meters
Flat 75A-EPC rating D-25 Sq meters
Flat 75B-EPC rating D - 25 Sq meters
Flat 75C-EPC rating D - 37 Sq meters
Flat 75D-EPC rating D-37 Sq meters
Location
The market town of Cinderford offers a range of amenities to include shops, post office, supermarkets, library, health centre, community hospital, dentist, sports and leisure centre, primary and secondary education and a bus service to Gloucester which is approximately 14 miles away and surrounding areas.
Services
Mains drainage , all flats have electric heating and immersion tanks for hot water.
Forest Of Dean district council tax bands for all flats A
Tenure
Freehold
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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