GUIDE PRICE £525,000 – £550,000 FOUR SELF-CONTAINED MAISONETTES – SOLD AS ONE INVESTMENT.
An excellent opportunity to acquire four self-contained maisonettes held within freehold ownership and being sold as one investment, offered to the market with no upward chain and available immediately. The sale is specifically aimed at investors seeking a ready-made portfolio addition in a convenient location within walking distance of local amenities, public transport links and the city centre.
The building comprises two ground floor maisonettes and two first floor maisonettes, one of which occupies the top floor and boasts impressive vaulted ceilings with skylights. All four apartments have been refurbished and redecorated throughout in neutral tones, creating bright, modern living spaces that are ready for immediate occupation or letting. Each maisonette benefits from electric storage heaters, electric water heating systems and electric showers, offering straightforward and low-maintenance utilities for landlords.
The rear ground floor maisonette is accessed via an entrance hallway leading to a well-proportioned dining kitchen fitted with white high-gloss wall and base units paired with a warm wood-effect worktop and stainless steel extractor hood, along with integrated cooking appliances and space for additional white goods. A separate lounge sits adjacent, while the double bedroom enjoys a front aspect window. Completing the accommodation is a modern shower room fitted with an electric shower, WC and pedestal wash basin. The maisonette is finished with grey carpeting and white walls throughout.
The rear top floor maisonette is a standout feature of the building, occupying the upper level with a striking vaulted ceiling, exposed feature beam and four skylights that flood the open-plan living space with natural light. The living kitchen area combines wood-effect flooring with white high-gloss units and integrated appliances, alongside space for additional white goods. The double bedroom enjoys a front aspect window with fitted wooden shutters, and the contemporary shower room includes a double enclosure with a Triton electric shower.
The front ground floor maisonette, formerly commercial premises, has been converted into a well-laid-out residential unit. An entrance hallway leads to a generous breakfast kitchen with white units, black mottled-effect worktops and integrated appliances, with dual aspect windows allowing plenty of natural light. To the rear is a double bedroom and a well-proportioned lounge with grey carpeting and dual aspect windows. The shower room includes an electric shower and a useful storage cupboard housing the hot water tank. The décor is neutral and consistent with the rest of the building.
The front first floor front maisonette offers particularly spacious accommodation including two double bedrooms, making it especially attractive for sharers or students. There is a stylish shower room with a walk-in double shower, a modern separate kitchen fitted with white units, black mottled worktops and black subway tile splashbacks, and an L-shaped lounge dining room with dual aspect windows and grey carpeting. Electric storage heaters are installed throughout.
All maisonette are neutrally decorated and ready for immediate occupation, making this an ideal turnkey investment.
The estimated rental income of each maisonette is between £825 and £900 per calendar month, producing a total estimated income of approximately £3,425 per month, equating to £41,100 per annum. This represents a gross yield of approximately 7.82% at the lower guide price of £525,000 and approximately 7.47% at £550,000.
This is a rare opportunity to secure four refurbished maisonettes within a single freehold title, offered with no chain and strong income potential from day one.
These particulars are produced in good faith and are set out as a general guide only. Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party company. David James Estate Agents receives the following commission from each third party supplier on a per referral basis:
All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average) MoveWithUs Limited: £188 including VAT (average)
