Mixed Use Investment Opportunity, Ashby Road, Scunthorpe£425,000
On MarketWalshe's Property Limited - 01724 304604WPLA1074
- Great Investment Opportunity
- Large Commercial Unit
- Rear Parking for multiple cars
- Five Total Units
Walshe’s Property proudly presents this fantastic mixed used investment opportunity on Ashby Road in Scunthorpe, North Lincolnshire.
Comprising of four flats & a large office space, all in great condition, the property is fully pre-tenanted, with with the following rents:
Large Office Space - £666.67 pcm
Two Bedroom Flat x2 - combined £1050 pcm
One Bedroom Flat x2 - combined £900 pcm
Total Monthly Rent - £2616.67
Current Gross Rental Yield of 7.39%
The property offers scope to increase rents up to the following rents:
Large Office Space - £800 pcm
Two Bedroom Flat x2 - combined rent of £1200 pcm
One Bedroom Flat x2 - combined rent of £1100 pcm
Total Potential Monthly Rent - £3100
Total Potential Gross Rental Yield of 8.75%
For further information please contact us.
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