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Block of flats
Victoria Square, Worksop S80
£700,000
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.