Block of flats

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Block of flats

Victoria Square, Worksop S80
£700,000

Price History

Initial price £750,000
16/04/24 £745,000
25/04/24 £740,000
01/05/24 £735,000
08/05/24 £740,000
15/05/24 £735,000
22/05/24 £720,000
29/05/24 £715,000
07/06/24 £710,000
13/06/24 £705,000
21/06/24 £700,000
27/06/24 £695,000
07/07/24 £710,000
22/07/24 £705,000
26/07/24 £700,000
Price Change -6.67%

Description

This property is a fantastic investment opportunity, offering a total annual gross income of £80,946. The ground floor comprises three single retail shop units and one double shop unit, all currently let out to a variety of tenants, generating a total commercial income of £30,396 per annum. The upper floors feature six large self-contained flats, all fully let on assured shorthold tenancies, producing a total residential income of £46,800 per annum. Additionally, an advertising hoarding on the property's left-hand gable wall is let out for £3,750 per annum. With a long-term tenant in place and a strong rental income, this property is a reliable and rewarding addition to any investor's portfolio.