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Investment

Investment For Sale Andover

PROPERTY ID: 134086

PROPERTY TYPE

Investment

STATUS

Available

SIZE

18,296 sq.ft

Key Features

Guiding £1,700,000 - reflecting an 8.91% net initial yield, based on the current Estimated Rental Value, assuming 6.18% purchaser costs
Current income of £103,283 per annum
7 x Two bedroom flats
2 x Two bedroom maisonettes

Property Details

A Freehold Mixed Use Investment Opportunity Comprising Residential Properties And A Small Retail Parade. The Residential Element Consists Of Seven Purpose Built Flats, Two Maisonettes And A Pair Of Semi Detached Houses. Residential - Built In The 1980's, Generally The Units Present Well With Separate Kitchens, Lounge And Family Bathrooms, Benefiting From Allocated Parking, Bin Stores And Some Units Benefit From A Juliet Balcony. It Is Of Our Opinion The Maisonettes Were Constructed In The Mid 1900's. Commercial - The Commercial Element Consists Of Four Occupied Retail Units Including A Pet Shop, Nail Bar, Cafe And Craft/pottery Business. This Investment Opportunity Reflects An 8.91% Net Initial Yield, Based On The Current Estimated Rental Value, Assuming 6.18% Purchaser Costs. The Current Income Is Broken Down As Below: Residential - £73,783 Retail - £29,500

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About the Agent

Vail Williams

See Agent's Other Properties

Investment Unit

£1,700,000 Freehold

18-26 High Street, Ludgershall, Wiltshire, Andover, SP11 9DD
Investment - Available
18,296 sq ft
1,700 sqm
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