Initial price	£1,400,000
07/02/25	£1,372,000
15/02/25	£1,250,000
Price Change	-10.71%

This is a prime investment opportunity in a well-maintained residential development consisting of two purpose-built blocks, offering a total of six 1-bedroom flats with parking spaces. The property has a strong rental return of £79,000 per annum, with the potential to increase to £90,000 per annum, and has been consistently generating high-yield income for the current owner over the past nine years. The flats are under AST agreements, with a mix of long-term tenants and vacant apartments providing opportunities for rental growth. The property also has planning permission to extend two of the flats, providing a potential development opportunity for the buyer. With an estimated market value of £1,465,000, the asking price for the entire freehold is £1,250,000, making it a unique opportunity for investors seeking a reliable income stream with potential for rental growth and long-term capital appreciation.