Watergate Street, Ellesmere.

This investment opportunity features a significant three-storey Grade II listed property located in the town centre of Ellesmere. Comprised of three individual flats, all currently tenanted, this building is already generating a gross yield of approximately 8%. Notable improvements have recently been made to enhance both decor and energy efficiency, but additional renovation potential remains, particularly in the first-floor flat which requires some refurbishment work to elevate its standard. The property includes a charming courtyard garden for residents' enjoyment. Each flat benefits from spacious layouts; the ground floor and second-floor flats have been nicely renovated in recent years, while the first-floor unit presents an opportunity for further enhancement to maximize rental income. With full occupancy by eager tenants on Assured Periodic Tenancies, this property represents a solid investment for those looking to expand or start their property portfolio. Ellesmere offers various amenities and convenient access to larger towns such as Oswestry and Shrewsbury within thirty minutes. This location combined with the potential for refurbishing one of the flats makes 21 Watergate Street an attractive option for strategic investors.