Fantastic investment opportunity in the heart of Carlton Hill! This mid-terraced house presents a chance to acquire two self-contained flats, sold together with the freehold of the building.
The ground floor flat offers a comfortable layout with a lounge, bedroom, kitchen, and bathroom, along with the added benefit of a gravelled rear garden area. Meanwhile, the first floor flat boasts a side hallway and stairwell, a lounge, bedroom, kitchen, and bathroom. Both flats are equipped with UPVC double glazing and electric heating.
The ground floor flat is currently vacant but recently generated a monthly income of £595, while the first floor flat is rented at £540 per month, with this rent last reviewed in August 2022. This investment boasts a solid 7.8% gross yield, based on a combined rent of £1135 per month. With frequent bus routes to the city centre and a range of shops and amenities nearby, this property is a promising addition to your investment portfolio.
