This property is no longer on the market
5 bedroom block of apartments
Key information
Property description & features
- Investment Opportunity
- Potential 10% Yield
- Five Apartments
- Refurbished Throughout
- Spacious Living Rooms
- All Double Bedrooms
- Close to Local Shops & Station
- Parking
Description - Syston is a town in the district of Charnwood, Leicestershire, and serves as a commuter town to the City of Leicester. The A46 gives good access to the M1 Motorway network for traveling to the North and South of the country and is a central location for overnight stays while visiting the many attractions that our area has to offer. Shoulers are the agent of choice for The Woodcutters Place, five apartments on the High Street, in a former Sawmill dating back to 1725. They are presented to an exceptional standard and currently let via Air B&B and Booking.Com by the current vendor. Below is a description for each apartment and current income:
FLAT 1: Situated on the ground floor and having a double bedroom, fully fitted modern kitchen and shower room, and a generous living space. Minimum £80 per night.
FLAT 2: Situated on the ground floor and having a double bedroom, fully fitted modern kitchen and shower room, generous living space and a separate study. Minimum £80 per night.
FLAT 3: Situated on the first floor and having a double bedroom, fully fitted modern kitchen and shower room, generous living space and a separate study. Minimum £80 per night.
FLAT 4: Situated on the first floor and having a double bedroom, fully fitted modern kitchen and shower room, generous living space and a separate study. Minimum £80 per night.
FLAT 5: Situated on the top floor and having a double bedroom fully fitted modern kitchen and shower room, generous living space. Minimum £80 per night.
Each apartment has a parking space for one vehicle.
The current vendors have worked hard to refurbish these apartments and have great success in letting them via Air B&B and Booking.Com. You will need an occupancy rate of around 90% for a 10% yield, and they can be sold as fully furnished subject to negotiation.
AGENTS NOTE: At the time of producing the Virtual Tours and Floorplans, only Flat 2 and 5 were available to the Valuer. All the dwellings follow the same theme. The photographs are a selection from all apartments.
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