This portfolio of three tenanted properties; one residential, and two commercial garages and yard, generates an immediate income of £5400 per annum.
The portfolio comprises of a refurbished studio apartment with contemporary kitchen and shower room. The kitchen has base and wall units, breakfast bar, electric oven and microwave. The shower room is partly tiled with a quadrant electric shower. Further benefits are double glazing and electric heating.
The two substantial garages are 30.25sqm and 63sqm with electrics. They can be used as workshops or lockups.
The well-presented studio apartment is currently rented out at £250 pcm, however subject to change of use, this maybe suited as an office to serve the commercial garages.
This investment opportunity offers a good return on investment of around 12%
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