Property Details

Eight Acre Lane, Wellington£300,000

On MarketWilkie May & Tuckwood - 01823 66779902833

A pair of two bedroom apartments in a detached block
Private entrances to each apartment
Outside space
Close walking distance to the town centre
Fantastic investment opportunity
Potential 7% gross yield
FREEHOLD

Previously build for the benefit of Wellington School teachers, this is a detached Freehold pair of purpose built two bedroom apartments offered for sale with no onward chain, with a potential gross yield of 7% creating the perfect opportunity for an investor.

1 & 2 Southside are both two bedroom apartments in a detached block with separate front doors and a shared garden to the front and side.

1 Southside is on the ground floor and features walk in bay windows whilst 2 Southside is on the first floor and has a slightly bigger sitting room.

The properties sit on a corner plot with a generous garden which could be separated in two should an incoming buyer chose to do so and is just a short stroll from the town centre.

We would anticipate a potential rental income of £900pcm for each flat.

LOCATION
Eight Acre Lane is situated on the prestigious south side of Wellington with Wellington School a stones throw away. It is a popular location for people wishing to be within walking distance of the town yet have equal ease of access out towards the Wellington Bypass in turn giving access to the M5 at Junction 26. Wellesley Park Primary School is just a short walk away as is Wellington Junior and Senior Schools.
DIRECTIONS
From our office in the town centre follow South Street heading away from the town, passing Wellington School and at the second mini roundabout turn right into Eight Acre Lane where the property will be found on the left hand side.

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