Fully tenanted block of five apartments situated in the centre of Haverhill with a yearly income of £43,560.
This is an excellent opportunity for an investor to acquire a fully tenanted block of five apartments, currently yielding an income of £43,560 per annum, with potential for further increase. The property includes four one-bedroom apartments and one two-bedroom apartment, all occupied under assured shorthold tenancies. Situated in Haverhill, within close proximity to supermarkets, local shops, cinema and leisure centre.
Tenure
Freehold
5 Drakes Yard
One Bedroom Rent - £750 EPC - D
6 Drakes Yard
One Bedroom Rent - £610 EPC - D
7 Drakes Yard
One Bedroom Rent - £750 EPC - C
8 Drakes Yard
One Bedroom Rent - £695 EPC - D
9 Drakes Yard
Two Bedroom Rent - £825 EPC - E
Council Tax Band
A
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
West Suffolk Council
Offered in association with
Balmforth
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1440 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.