Tenure: Freehold
Northwood is excited to present this excellent investment opportunity to acquire a fully tenanted freehold property on Mansfield Road comprising of a flat with an AST and shop with lease until March 2027 providing a yield of 7%.
The property comprises a ground floor retail unit with its own fitted kitchen, W.C., and storage area, currently let at £6,480 per annum. The retail unit is spacious and plenty of room for storage.
Above, a self-contained one-bedroom flat offers a spacious reception room, double bedroom, separate kitchen, and bathroom, let at £500 per calendar month.
Generating a combined rental income of £12,480 per annum this property is sold with tenants in situ—providing an ideal, hassle-free investment with immediate income.
Business is unaffected.
Please contact us to arrange a viewing on this good investment opportunity.
EPC rating: D. Council tax band: A, Tenure: Freehold,