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Apartment
·
for sale
£ 495,000
Updated
Apartment Flat
College Road SY11 Oswestry
· Apartment
College Road SY11 Oswestry · Apartment
AT A GLANCE Freehold block of 6 separate apartment Current rental income 3,900.00 per month Annual rental income c. 46,800 per annum Current net yield after bills c. 9.2% (self-managed)* Low operating costs Refurbished in May 2022 All relevant planning and building consents in place Pure Investor is delighted to present a unique opportunity to acquire a block of six self-contained apartments for sale under a single freehold title. Previously offices, a conversion in May 2022 has delivered a popular destination for tenants seeking long-term rental accommodation in central Oswestry. The property is currently operating on a self-managed basis with very low rental voids. Key to the appeal to investors will be the low operating costs which result in an estimated net rental income of 45,540.00 per annum, representing a net rental yield of over 9.2% per annum. INVESTMENT PARTICULARS Price: 495,000 Gross income: c. 3,900 per month (fully occupied) Current net income after bills: c. 45,540.00 p
AT A GLANCE Freehold block of 6 separate apartment Current rental income 3,900.00 per month Annual rental income c. 46,800 per annum Current net yield after bills c. 9.2% (self-managed)* Low operating costs Refurbished in May 2022 All relevant planning and building consents in place Pure Investor is delighted to present a unique opportunity to acquire a block of six self-contained apartments for sale under a single freehold title. Previously offices, a conversion in May 2022 has delivered a popular destination for tenants seeking long-term rental accommodation in central Oswestry. The property is currently operating on a self-managed basis with very low rental voids. Key to the appeal to investors will be the low operating costs which result in an estimated net rental income of 45,540.00 per annum, representing a net rental yield of over 9.2% per annum. INVESTMENT PARTICULARS Price: 495,000 Gross income: c. 3,900 per month (fully occupied) Current net income after bills: c. 45,540.00 p
£ 495,000