Summary - Flat 3, 4 Devonshire Place CH43 1TU
1 bed 1 bath Semi-Detached
Turnkey, fully let eight-flat freehold with reliable rental income from day one.
- Fully let block of eight self-contained flats, sold with tenants in situ
- Freehold ownership with allocated off-street parking for residents
- Newly renovated interiors; modern kitchens and double glazing reported
- Approximate gross yield 7.4% (figures provided) — immediate income
- Victorian exterior, high ceilings and period features retained
- Solid-brick walls likely without cavity insulation (assumed)
- Located in an area of higher deprivation; check tenant profiles
- No flood risk; council tax and glazing install dates unspecified
A fully let block of eight self-contained flats on a large plot, offered freehold with tenants in situ — an immediate income stream for investors. Each flat has been newly renovated and combines Victorian exterior character with contemporary interiors, modern kitchens and double glazing. Allocated off-street parking and well-kept communal grounds add practical appeal.
The property produces an approximate gross yield of 7.4% (figures supplied), giving predictable returns from day one. It sits in an established urban area with good transport and digital connectivity; flooding risk is reported as none. The building is solid-brick Victorian stock with high ceilings and period detailing that supports rental demand.
Notable considerations: the wider area records higher deprivation and an ageing local profile, and the building’s solid brick construction likely lacks cavity insulation (assumed). Double-glazing install dates are unspecified and there’s no council-tax data supplied — buyers should confirm EPC and service histories. Sold with tenants in situ, the sale suits investors seeking a turnkey, let portfolio rather than an owner-occupier.
Overall this is a practical, income-generating purchase for a buyer prioritising immediate yield and low initial void risk. Budget for potential fabric and energy-efficiency upgrades to protect long-term capital value and running costs.
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