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4 bedroom end of terrace house for sale
East Street, St. Ives
£550,000
East Street, St. Ives
£550,000
Price History
Initial price | £575,000 |
23/05/23 | £550,000 |
Price Change | -4.35% |
Description
This is a rare opportunity to acquire a freehold residential property that has been divided into three apartments, providing a potential rental yield of over 5%. The property was comprehensively renovated and converted in 2017 and consists of two ground floor one-bedroom apartments and a first floor two-bedroom apartment, all with allocated off-road parking. All three apartments are currently let on assured short-hold tenancy agreements and are offered with no forward chain. The ground floor apartments have a total living area of approximately 900 sq-ft and are let for £800pcm each, while the first floor apartment has a total living area of approximately 756 sq-ft and is let for £900pcm. The property offers a potential rental income of £2,550pcm.