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£199,950

Studio for sale

Property photos

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  2. Picture No. 02
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From

£199,950

Studio for sale

Block 8-10, Westgate, Sleaford NG34

Key Information

Tenure:
Council tax band:
A band has not yet been confirmed.

Local area information

Property location

Nearby amenities

  • St George's Academy 0.1 miles
  • Church Lane Primary School 0.1 miles
  • Sleaford 0.3 miles
  • Rauceby 2.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Investment opportunity
  • Apartment block
  • 5 individual flats
  • Currently let at 100% occupancy
  • Long term tenants
  • A current yield of over 11% return
  • Town centre location
A fantastic opportunity to purchase 5 flats in a central town location currently at 100% occupancy and bringing in a gross annual rent of approximately £22,980, providing a gross yield of over 11%.

Please see the description for the individual rental income on each flat.

Please note this property is Grade II listed.

8A Westgate

Current Rent: £4920 per annum.

8B Westgate

Current Rent: £4020 per annum.

8c Westgate

Current Rent: £4800 per annum.

10A Westgate

Current Rent: £4320 per annum.

10B Westgate

Current Rent: £4920 per annum.

Agents Note

Please note this property is Grade II listed. According to the EPC register, all flats are approximately 32 square meters.

Floor plans and tours

Floor plans

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Tours

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Listed by

Winkworth - Sleaford

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  1. Zoopla
  2. For sale
  3. Lincolnshire
  4. Sleaford
  5. Westgate

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