16 Bed Apartment For Sale

An exceptional chance to secure a high-yielding residential block in the sought-after Victoria Cross area of Lordswood. Rarely available, this fully self-contained building offers a mix of spacious one - and three-bedroom duplex apartments, making it a perfect addition to any investment portfolio.

The property comprises:
• 4 × One-Bedroom Duplex Apartments
• 4 × Three-Bedroom Duplex Apartments

When fully let, the apartments generate an impressive £110,000 per annum, representing a 5.5% gross yield. Currently, 6 of the 8 apartments are tenanted, providing immediate income from day one.

The apartments are held on long leases with 998 years remaining, peppercorn ground rent, and no service charge, offering a low-cost ownership structure that maximises returns.

Situated in a vibrant and well-connected location, the property is surrounded by amenities, transport links, and ongoing regeneration. There are discussions for a Tesco store to be developed on the ground floor, which would significantly enhance footfall, desirability, and long-term capital growth potential. This is a rare opportunity to acquire a freehold residential block with strong returns, scope for future appreciation, and excellent tenant demand.

Investors seeking steady rental income with a healthy yield and future growth prospects should act quickly – opportunities like this are seldom available.

Contact us today to arrange a viewing or request further information.