**Investment Highlights:**
- Unbroken freehold block featuring 5 apartments and 2 commercial units
- Attractive 7.6% yield with recorded income of £66,276 for 2023/2024
- Potential for residential conversion on one commercial unit (subject to planning)
- Prime location in Weymouth with mixed-use potential
- Averaged-sized block (4,767 sq ft), predominantly in good decorative order
This rare investment opportunity offers a versatile block of 5 well-presented apartments and 2 commercial units, making it an ideal choice for savvy investors seeking both rental income and future development potential. Located in a desirable area of Weymouth (postcode DT4 7LA), the apartments consist of a mix of 1 and 2-bedroom layouts across the first and second floors, generating consistent annual returns. The larger ground-floor commercial unit, occupied by a national charity retailer, provides a steady £12,000 pa income, while the smaller commercial space has the exciting potential for residential conversion, currently producing £6,000 pa.
While the property's attractive 7.6% yield and strong rental history are compelling, it’s important to note that the area has an above-average crime rate, which may influence future rental demand. Nevertheless, the high mobile signal and fast broadband speeds enhance its appeal for tenants. With a mix of established tenants and potential for increased rental income through the smaller unit, this investment is one not to be overlooked. Seize the opportunity to add this versatile property to your portfolio before it’s gone!
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