Old School Lane, Creswell, Worksop, S80

bedroom Multi-Unit Property in Creswell

For Sale
Offers Over £2,325,000
Current Yield 4.7 %
Potential Yield 5.4 %
Property Reference: 205785078
  • Multi-Unit Property

Property Features

Property Features

  • Portfolio of 21 Residential Flats
  • Buy-to-Let Opportunity
  • Lounge and Kitchen
  • Allocated Parking Available
  • Likely to attract enquiries from Serious Investors & Developers.
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Portfolio of 21 Residential Flats located in Worksop with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The properties included are between 1 and 3 beds, have well kept bathrooms, spacious lounges and a kitchen. Allocated parking is also available

Investment details

The properties currently produce an annual gross income of £141,660 which could be increased by the new owner to a market rate of £163,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 205785078

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £11805
  • Potential Rent pcm: £13600
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: Employment
Property Reference: 205785078
Property Reference: 205785078

Property Location

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Request DetailsOld School Lane, Creswell, Worksop, S80

Offers Over £2,325,000

Make an offer
Old School Lane, Creswell, Worksop, S80

Listing Price

Offers Over £2,325,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.