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High Yielding Residential Investment Comprising a Block of Eight Flats

High Yielding Residential Investment Comprising a Block of Eight Flats

Address

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Auction date

05 Nov 2025

Guide price

£600,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This property is a high yielding residential investment situated in an affluent coastal suburb. It consists of a four-storey block with 8 two-bedroom flats, all currently let to private individuals under separate assured shorthold tenancy agreements, generating an annual income of £62,952. There is potential for improving rents with several flats yielding more than others. The property occupies a large site of 0.23 acres, including front parking and a spacious rear garden. Development potential exists for rear extensions or standalone developments, pending necessary approvals.

Last update: 21 Oct 2025

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