A rare opportunity to acquire a freehold block of four self-contained one-bedroom flats, converted from a substantial former residence and offering immediate income with future value-add potential. The property was originally purchased in 2016 as a large eight-bedroom house and subsequently converted back to bricks into four individual one-bedroom flats, each completed with full planning consent and Building Regulations sign-off. The building has also benefitted from further refurbishment within the last 12–18 months, including updated kitchens, bathrooms, floor coverings and general redecoration. All four flats are well-presented, self-contained and individually metered, and are currently occupied by professional tenants, providing a reliable and established income stream with no rental arrears.

Current Rent Roll:

Flat 1 – £580 pcmFlat 2 – £600 pcmFlat 3 – £625 pcmFlat 4 – £600 pcm

Total Gross Income: £2,475 pcm / £29,700 per annum

The property is held on a single freehold title, offering scope for an incoming purchaser to create four individual leasehold titles (subject to consents), providing an opportunity to enhance capital value and refinance.

Located in a popular and well-connected area, the flats appeal strongly to the local rental market and offer a hands-off investment with long-term growth prospects.

Key Investment Highlights:

• Freehold block of 4 flats
• Fully let to professional tenants
• Converted with planning and Building Regulations approval
• Recently refurbished
• Combined income £29,700 per annum
• Scope for title splitting and increased GDV
• Strong rental demand location