Property description

Purchasing Financials
Approx. Market Value upon Flat Conversion £ 1.7m
Offers in excess of £ 550,000
Estimated Rental Income £ 117,000 pa
Estimated Development Costs £ 200,000
Gross Return on Capital £ 950,000
(Apts sold upon completion of works)We are pleased to offer this substantial detached property for sale. Originally the building consisted of 3 large houses, the property is being sold as 1 single unit comprising of 10 reception rooms on the ground floor, 18 separate rooms on the first and second floor. There are 9 separate rooms in the basement.

Property Features :

• Approximate market value £1.7m
• Offers in the region of £ 550,000
• Yield : 16 %
• Detached
• Potential for 15 (2 bed) Flats)