Broad Street

Leominster, HR6

Tenure: Freehold

**INVESTOR OPPORTUNITY** - Block of four one bed apartments - TOTAL CURRENT RENT £1,747pcm - GROSS YIELD 8.7% - ALL FULLY TENANTED - All certifications and tenant administration current - all certs in date - NO ADMIN FEE to transfer to Lettings Agent or Landlord - MARKET RENT £2,000pcm - Potential GROSS YIELD 10% - Outstanding Town Centre Location

Excellent, very high yield investment opportunity compromising of four one bedroom apartments situated within a handsome and charming Grade 2 listed property in central Leominster (Broad Street) within very close proximity of offices, places of work, shops, cafes, pubs and restaurants, yet with easy and immediate access to the A49 south to Hereford and North to Ludlow and Shrewsbury. 

All apartments are fully tenanted (AST's) with all tenant administration current and in date including EICR's, LRA's, Smoke Alarms and Tenancy Agreements. NO rent arrears, no current or known major maintenance needs. Being Grade 2, EPC exemptions may apply. 

Each accommodation comprises of lounge and open plan kitchen , separate bedroom and bathroom. All properties are with low cost Electric Heaters, eliminating Gas Certification and associated boiler upkeep. 

The property will be sold with FREEHOLD, therefore no service fees paid to third party management. 

AGENTS COMMENTS

An outstanding, very high yielding, low cost property investment offering immediate rental income post completion - no set up costs and void periods once acquired. NORTHWOOD would be delighted to manage the property on behalf of any future Buyer and will offer the first THREE MONTHS MANAGEMENT FREE - no set up costs, no transfer fees.

Additional Information

The property is located in the very popular Broad Street area of Leominster, and is set over two floors of appealing charm and character. It enjoys a prominent position within the town, offering a wide range of facilities to includes, individual shops, cafes, pubs a weekly market in the town square, swimming pool, leisure centre, schools and good road and rail links to Hereford and Worcester and Shrewsbury.

SELLING? WE OFFER FREE MARKET APPRAISALS OR SALES ADVICE MEETINGS WITHOUT OBLIGATION. CONTACT NORTHWOOD ON 01989 764050 TO FIND OUT HOW OUR AWARD-WINNING SERVICE CAN GUIDE YOU ON THE BEST WAY TO SELL YOUR PROPERTY.

We give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor.

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.

EPC rating: E. Council tax band: A, Domestic rates: £1627.15, Tenure: Freehold,