Residential development for sale

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Residential development for sale

Bolton Street, Brixham
£235,000

Price History

Initial price £250,000
07/11/24 £235,000
Price Change -6.00%

Description

This unique investment opportunity presents a freehold building with two separate flats, a 1-bedroom ground floor flat and a 2-bedroom first floor maisonette, both with outside areas. The flats have strong rental potential and offer an impressive yield of 7.14% on the asking price. The ground floor flat has a living room, bedroom, and en-suite shower room, with a separate kitchen opening onto a private courtyard garden, estimated to rent for £550 per month. The first floor maisonette has two bedrooms, a spacious living area, kitchen, and family bathroom, with a roof garden, estimated to rent for £850 per month. With a potential yearly rental income of £16,800, this property is an excellent investment opportunity for those looking to enter the rental market or expand their portfolio.