Rule and Rule
37 Broadway
Sheerness
Kent
ME12 1AD
01795 662604
Alma Road, SheernessOffers in Excess of £230,000
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On MarketRule and Rule - 01795 66260400002732

END-TERRACED FREEHOLD INVESTMENT – THREE SELF-CONTAINED 1-BED FLATS

A solid investment opportunity comprising a freehold block of three purpose-built, self-contained one-bedroom flats, each arranged with a bedroom, shower room and open-plan lounge/kitchen. All units benefit from double glazing and electric storage heating.

Each flat is currently let on Assured Shorthold Tenancies at £700 PCM, producing a combined gross income of £25,200 per annum. At a guide price of £230,000, the block returns an attractive gross yield of 10.96%.

Outside, the property enjoys an enclosed communal rear garden, offering scope for improvement and added value with a little TLC.

Call Mark at the office for further information.

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