12 Bed Parking For Sale

INVESTMENT - Victorian mid terrace containing 2 self-contained bedsits & 10 additional bedsits.

An opportunity to acquire a Victorian mid terrace property over four floors containing two self-contained bedsits, ten additional bedsits with four shower rooms and two additional WC's.

The properties are fully let and income producing, with a current annual income of £94,200 which equates to a yield of 11.1% based upon the asking price, therefore making this an ideal investment opportunity.

Tenancy information per calendar month:

Flat 1 - £750
Flat 2 - £750
Flat 3 - £625
Flat 4 - £625
Flat 5 - £625
Flat 6 - £625
Flat 7 - £650
Flat 8 - £625
Flat 9 - £625
Flat 10 - £625
Flat 11 - £700
Flat 12 - £625

Total - £7,850

The building is situated on East Parade within comfortable walking distance of the town centre and all of its amenities. There are a good range of facilities within the immediate vicinity and due to the central location the property will appeal to a wide variety of purchasers. Easy access can also be gained to the train station in Harrogate's town centre.

Following East Parade from the Odeon roundabout in a northern direction the subject premises are located on the left hand side.

All mains services are connected to the property.