Offers in region of
£105,0001 bedroom flat for sale
West Street, Leominster
Flat
1 bed
1 bath
Key information
Tenure: Leasehold | 130 yrs left
Ground rent: £25 per annum | review period: unconfirmed
Service charge: £200 per annum
Council tax: Band A
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Leasehold (130 years remaining)
- Investment opportunity
- Two flats, both tenanted
- Yield of xx%
- Town centre location
*INVESTMENT OPPORTUNITY 8.5% YIELD*
An opportunity to acquire two flats within the market town of Leominster. Flat 6 is a one bedroom with Flat 7 a studio. The properties have been let with a combined income of £745 per month making a yield of 8.5%
Introduction - Situated within the centre of the market town of Leominster are Flat 6 and Flat 7 which comprise; flat 6 - open plan kitchen, living area, one double bedroom and bathroom. Flat 7 - an open plan kitchen bedroom/living area with shower room. Both flats are currently tenanted with flat 6 achieving £410 pcm and flat 7 £335 pcm.
Flat 6 - The front door opens to the entrance hall. The open plan kitchen/living room has a window to the front. There is a kitchen area with laminate flooring, built in wall and base units with a stainless steel sink. There is space for an electric cooker, fridge freezer and washing machine. The bedroom is a double with a window to the rear. The bathroom is fitted with a WC, basin and bath which has a shower over.
Flat 7 - The front door opens into the studio flat where there is space for a double bed or sofa bed. The kitchen area has laminate flooring and fitted with wall and base units with a stainless steel sink. There is space for an electric oven, washing machine and fridge freezer. The shower room is fitted with a WC, basin and shower cubicle.
Location - The flats are within the centre of the town of Leominster town centre. This is a popular market town and boasts a wealth of local shops, a weekly open air market, national supermarkets and a host of recreational facilities.
Transport facilities are ample with good road links to larger towns and regular bus and train routes. Hereford City is located approximately 12 miles away and offers extensive entertainment and leisure facilities and a wide range of national and chain stores.
Services - Mains electricity, water and drainage are connected.
Each flat is Council Tax Band A
An opportunity to acquire two flats within the market town of Leominster. Flat 6 is a one bedroom with Flat 7 a studio. The properties have been let with a combined income of £745 per month making a yield of 8.5%
Introduction - Situated within the centre of the market town of Leominster are Flat 6 and Flat 7 which comprise; flat 6 - open plan kitchen, living area, one double bedroom and bathroom. Flat 7 - an open plan kitchen bedroom/living area with shower room. Both flats are currently tenanted with flat 6 achieving £410 pcm and flat 7 £335 pcm.
Flat 6 - The front door opens to the entrance hall. The open plan kitchen/living room has a window to the front. There is a kitchen area with laminate flooring, built in wall and base units with a stainless steel sink. There is space for an electric cooker, fridge freezer and washing machine. The bedroom is a double with a window to the rear. The bathroom is fitted with a WC, basin and bath which has a shower over.
Flat 7 - The front door opens into the studio flat where there is space for a double bed or sofa bed. The kitchen area has laminate flooring and fitted with wall and base units with a stainless steel sink. There is space for an electric oven, washing machine and fridge freezer. The shower room is fitted with a WC, basin and shower cubicle.
Location - The flats are within the centre of the town of Leominster town centre. This is a popular market town and boasts a wealth of local shops, a weekly open air market, national supermarkets and a host of recreational facilities.
Transport facilities are ample with good road links to larger towns and regular bus and train routes. Hereford City is located approximately 12 miles away and offers extensive entertainment and leisure facilities and a wide range of national and chain stores.
Services - Mains electricity, water and drainage are connected.
Each flat is Council Tax Band A
Property information from this agent
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WE SELL AND LET HOMES NOT HOUSES Above all, we BELIEVE property is not just bricks and mortar; we work with you to make houses into homes. We will GUIDE and help you through what is renowned for being a stressful or emotional process, to make it into the EXCELLENT and EXCITING EXPERIENCE it should be. WE MAKE THINGS HAPPEN We make sure that we really do know our properties, our area, and our clients. Above all, we know about how to MAKE THINGS HAPPEN. We will never forget our ethos, which is that we want to HELP YOU MOVE. Our clients are from all walks of life, we love to keep working with each of you on your property journey. Regardless of the size or type of home we think every single one deserves MARVELLOUS MARKETING, AWESOME ATTENTION TO DETAIL, TENACIOUS NEGOTIATORS AND FIRST RATE RESULTS. WE TAKE CARE OF THE HARD WORK Our goal is to get you moved in good time and at the right price. We do this with a positive attitude and quality advice. We put a vast amount of effort and time, working as a team to achieve this for you. We endeavour to be available to you whenever you need us, to help achieve your objectives. YOUR LOCAL AWARD WINNING ESTATE AND LETTING AGENT First established in 1998, we have become renowned for our success. We have continued to develop and expand our range of services to clients and now have four offices in Hereford, Leominster, Ludlow and Knighton. We have developed “The Auction” a quality auction house covering the Midlands and Mid Wales. Our team continuously aims to improve each and every day through old fashioned hard work coupled with fabulous new technology and thorough, regular staff training. WE OUTPERFORM OTHER AGENTS As a local, independent agent with years of experience, you can rest assured of our commitment to both quality and service. But we are not happy to just keep doing what we have always done, we keep TRAINING OUR TEAM, RESEARCHING and DEVELOPING OUR SKILLS, HARNESSING NEW TECHNOLOGY and these updated are underpinned by always putting in the MAXIMUM EFFORT to get you moved.
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