On Market
Mixed Use Investment Opportunity, Scunthorpe
£950,000
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Description
Walshe’s Property proudly presents this fantastic mixed used investment opportunity in the heart of Scunthorpe, North Lincolnshire.
Comprising of nine flats, two houses and three commercial units with associated stores to the rear.
Currently the property is fully tenanted, however, the current rental yields are not reflective of their full potential, with the potential yields listed as below:
Commercial Unit 1 - £1,000 pcm
Commercial Unit 2 - £1,100 pcm
Commercial Unit 3 - £1,100 pcm
Terraced House X2 - £1,200 pcm
One bedroom flat X7 - £3,150 pcm
Two bedroom flat X2 - £1,100
Total Monthly Rent - £8,650
Toal Annual Rent - £103,800
Gross Rental Yield of 10.93%
For further information please contact us.
~Please note that the businesses are unaffected and subject to a sale would be relocating ~
Comprising of nine flats, two houses and three commercial units with associated stores to the rear.
Currently the property is fully tenanted, however, the current rental yields are not reflective of their full potential, with the potential yields listed as below:
Commercial Unit 1 - £1,000 pcm
Commercial Unit 2 - £1,100 pcm
Commercial Unit 3 - £1,100 pcm
Terraced House X2 - £1,200 pcm
One bedroom flat X7 - £3,150 pcm
Two bedroom flat X2 - £1,100
Total Monthly Rent - £8,650
Toal Annual Rent - £103,800
Gross Rental Yield of 10.93%
For further information please contact us.
~Please note that the businesses are unaffected and subject to a sale would be relocating ~
Key Features
- Mixed Use Investment Opportunity
- Heart of thriving town centre
- Potential Yield of nearly 10% PA
- 9 Flats, Two Houses and Three Commercial Units
- Parking Area
