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£330,000

Severn Road, Weston Super Mare - Fantastic Yield, BS23

  • 6 beds
Detached house
Under offer/SSTC

£330,000

  • 6 beds
Detached house
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Estimate monthly mortgage payment:

£1,507 per month

Minimum deposit amount:

£16,500
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Sold in conjunction with Auction House Bristol and scheduled for their February online Auction. Further details including auction pack found at www.Auctionhouse.co.uk

A high yielding investment property offering circa 10% per annum comprising: 5 self contained flats. Opportunity to either continue as investment or sell flats individually once refurbished.

Currently let at £33,240 per annum, the property offers an attractive yield of circa 10% based on the guide price. Arranged at 4 x 1 bed and 1 x 2 bed self contained flats the property offers excellent rental potential. Once modernised the property offers opportunity to grow the rental income, or sell the flats individually with a potential gross development value of in excess of £550,000.

Tenure: Freehold
All flats have EPC's - ranging from C to D ratings.

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£1,507 per month
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Mortgage and legal costs:
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