Flat for sale in West Street, Leominster HR6

Just added
Offers in region of £105,000
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Flat for sale - 1 bedroom

1 1

Tenure:
Leasehold
Time remaining on lease:
130 years
Service charge:
£200 per year
Ground rent:
£25
Council tax band:
A

Utilities and more details

Property features

  • Investment opportunity
  • Two flats, both tenanted
  • Yield of xx%
  • Town centre location

Property description

**investment opportunity 8.5% yield**

An opportunity to acquire two flats within the market town of Leominster. Flat 6 is a one bedroom with Flat 7 a studio. The properties have been let with a combined income of £745 per month making a yield of 8.5%

Introduction

Situated within the centre of the market town of Leominster are Flat 6 and Flat 7 which comprise; flat 6 - open plan kitchen, living area, one double bedroom and bathroom. Flat 7 - an open plan kitchen bedroom/living area with shower room. Both flats are currently tenanted with flat 6 achieving £410 pcm and flat 7 £335 pcm.

Flat 6

The front door opens to the entrance hall. The open plan kitchen/living room has a window to the front. There is a kitchen area with laminate flooring, built in wall and base units with a stainless steel sink. There is space for an electric cooker, fridge freezer and washing machine. The bedroom is a double with a window to the rear. The bathroom is fitted with a WC, basin and bath which has a shower over.

Flat 7

The front door opens into the studio flat where there is space for a double bed or sofa bed. The kitchen area has laminate flooring and fitted with wall and base units with a stainless steel sink. There is space for an electric oven, washing machine and fridge freezer. The shower room is fitted with a WC, basin and shower cubicle.

Location

The flats are within the centre of the town of Leominster town centre. This is a popular market town and boasts a wealth of local shops, a weekly open air market, national supermarkets and a host of recreational facilities.
Transport facilities are ample with good road links to larger towns and regular bus and train routes. Hereford City is located approximately 12 miles away and offers extensive entertainment and leisure facilities and a wide range of national and chain stores.

Services

Mains electricity, water and drainage are connected.
Each flat is Council Tax Band A

Property info

Floorplan(s): Floor Plan 6 And 7.Jpg

Floor Plan 6 And 7.Jpg View original

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For more information about this property, please contact
Cobb Amos, HR6 on +44 1568 597523 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cobb Amos, and do not constitute property particulars. Please contact Cobb Amos for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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