|Type||Beds||Purchase Price||Tenanted||Completion||Monthly Rental (fully tenanted)|
|Freehold block of flats||2||£340,000||Completed||£2480|
All units are completed and ready tenanted.
The 6 flats are currently let on AST with an annual rent of £29,760. The building will come with the freehold.
The 7th unit for which the plans have already been approved has not yet been converted and can be done as part of your investment or left as it is a completely separate part of the building. If you do finish the conversion an additional £5,280pa of rent is achievable.
The rents are:
1 bed : £395 pcm
2 bed : £475 pcm