INVESTMENT OPPORTUNITY - With Potential Yield of 7.9%
Located off Beaumont Road in the ever popular St Judes is this Period House that has been arranged for some time as two self contained flats. Whilst the property has provided a very good and steady income for the vendors the property has the potential for some improvements and potentially reconfiguration to become a fantastic investment with a good yield opportunity.
The accommodation to the ground floor briefly comprises of bay fronted lounge, double bedroom, kitchen and modern fitted shower room, this flat also has the advantage of its own private courtyard to the side of the rear tenement. The First floor is accessed from the entrance hallway, stairs lead to accommodation to include kitchen, double bedroom, lounge, single bedroom/study and shower room. Whilst the accommodation could be configured to provide more space, the format of a first floor flat certainly provides good investment potential, from the kitchen a door leads to a fire escape with access to the rear courtyard.
For Landlords wishing to achieve a higher yield compared to comparable houses or owners wishing to take on a small project and convert back into a single dwelling this home offers a huge amount of potential whilst being in a very popular street and in close proximity to Salisbury Road School.
Offered with no onward chain, the ground floor currently has a tenant who is able to either remain with the new owner or vacate.
GROUND FLOOR FLAT
14' 0'' (into bay)x 12' 2''(into bay (4.26m x 3.71m)