Grove Street, Retford, Nottinghamshire£200,000

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Full Description

RESIDENTIAL INVESTMENT OPPORTUNITY CURRENT GROSS YIELD AT 10%, . A conversion into 5 individual apartments within this prominent three storey building, The property also benefits from a designated private parking area for several vehicles. The property is centrally located and offers a fantastic chance to obtain a ready made property investment. CALL FIVE STAR PROPERTY TODAY 01777 708700.

Current Investment Potential

Current gross return at present from all 5 flats that are tenanted is £1675.00 per calendar month (£20,100 per year), providing a yield of 10% based on the current sale price. Located in the heart of Retford town centre, minutes away from bus & train links. For more information on this opportunity please call our office on 01777 708700.

Flat 1

1 Bedrooms, currently let

Flat 2

1 Bedrooms, currently let

Flat 3

1 Bedrooms, currently let

Flat 4

2 Bedrooms, currently let

Flat 5

2 Bedrooms, currently let

Outside

Private parking area for several cars

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER FIVE STAR PROPERTY NOR ANY OF ITS EMPLOYEES HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.