Four 1-bedroom Self Contained Flats

This property consists of four self-contained one-bedroom apartments, two of which are currently occupied. When fully occupied, the apartments generate a net annual income of £29,520, presenting a solid investment opportunity. There is significant potential to enhance rental income by aligning rents with current market rates or through targeted renovations or redevelopment of the site. Situated in a desirable central area near Fore Street, this location benefits from proximity to local amenities and transport links, making it attractive to potential tenants. The surrounding area features a blend of independent shops and is undergoing growth with plans for new developments, including student accommodation. Additionally, the property includes a lockable bin store and basement that could potentially be converted into another self-contained unit. With careful planning and investment, this property can yield substantial returns for investors looking to capitalize on its development potential.