Sold
Weaverham – Unbroken Freehold comprising 16 self-contained units in popular North West commuter village
1-17 Lake House Close, Weaverham, Cheshire, CW8 3JE
Offers in excess of £975,000
- Property Type:
- Residential
- Sub Types:
- Block of Flats, Investment, Multiple Flats, Multiple Houses
- Tenure:
- Freehold
Description
Investment Considerations
- Freehold
- Unbroken opportunity comprising 16 self-contained units arranged to provide: 10 x two bedroom flats, 4 x one bedroom flats and 2 x two bedroom bungalows
- Well-presented throughout, located in the commuter village of Weaverham, Cheshire
- Currently fully let, producing an income of £89,100 per annum
- Estimated Rental Value (ERV): £102,000 per annum
- An asking price offer reflects a Gross Yield of 10.46% based upon the ERV
Subject to contract