Initial price	£625,000
06/02/25	£575,000
02/04/25	£500,000
24/05/25	£475,000
Price Change	-24.00%

This is a rare investment opportunity to purchase the freehold of a 1930s semi-detached residence, which has been converted into four one-bedroom leasehold flats. Two of the flats have private gardens, with Flat 1 having a small courtyard-style garden and Flat 2 enjoying a large garden at the rear. The property is situated in a highly convenient and popular residential location, close to shopping facilities, amenities, and transport links. The freehold includes land for the adjoining leasehold bungalow, which has been sold previously, with approximately 103 years remaining on the 125-year lease. The combined annual income from the four flats is approximately £40,000, with accounts for 2024 showing earnings of £37,490. The property offers a strong potential for a high return on investment, with an impressive approximate 8.5% rental yield.