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Freehold Building and Outbuilding with 4 Self Contained Units
Address
See address
Auction date
04 Jun 2023
Guide price
£310,000
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Status
Ended
Description
Discover a remarkable investment opportunity with this freehold building and outbuilding containing 4 self-contained units, generating an annual rental income of £36,000. This well-maintained property combines three residential apartments and an additional studio outbuilding, all fully let, appealing to serious investors looking for a solid yield.
- Freehold tenure
- 3 residential apartments
- 1 self-contained outbuilding
- Annual rental income: £36,000
- Yield of 11.6% based on guide price
- Area: 66 m² (Flat 1), 42 m² (Flat 2), 29 m² (Flat 3), additional studio
This property presents a prime opportunity for buy-to-let investors. Understanding freehold versus leasehold is essential; this freehold structure benefits from the lack of management fees, and the existing rent ensures immediate returns. Located in Hatfield Peverel, close to amenities and transport links, it’s a prime location for tenants.
Last update: 26 May 2026
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