**Standout Features:**
- Freehold property split into two separate flats
- Ground floor two-bedroom flat and first floor three-bedroom maisonette
- Potential for rental increases, currently yielding 5.27% with a realistic boost to 7.15%
- Modern kitchen in the ground floor flat and an open plan kitchen/lounge in the maisonette
- Private garden access from the ground floor flat
- Close proximity to shops and transport links
**Potential Concerns:**
- Small overall size (750 sq ft) may limit buyer appeal
- Average crime rate in the area
- Some structural and maintenance considerations, as the building dates back before 1900
- Limited external views from windows, primarily overlooking neighboring properties
Discover a fantastic investment opportunity with this versatile freehold property, thoughtfully divided into a two-bedroom garden flat and a three-bedroom maisonette. Located in a vibrant student neighborhood, just a short walk from transport links and local shops, this property offers immediate rental income of £1,620 per month with potential for increases — a significant opportunity for future yield growth.
The ground floor flat features a compact, modern kitchen and direct access to a private garden, perfect for relaxation or gatherings. The bright and airy maisonette above boasts an open-plan living area and well-sized bedrooms, complemented by built-in storage and ample natural light. While the property does have some maintenance considerations due to its age and average local crime rates, its prime location and layout make it a worthy investment for both seasoned investors and first-time buyers looking for value and growth potential. Don’t miss your chance to own a piece of this up-and-coming area!
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