Freehold multi-let in popular riverside village, immediate rental income potential.
Freehold four one-bedroom apartments for sale at auction
A rare freehold investment offering: four one-bedroom apartments in Rowhedge’s popular riverside village. Three flats are currently let on assured shorthold tenancies and one is vacant, giving immediate rental income plus short-term re-letting potential. Each apartment has its own parking space and the building sits opposite a convenience store, close to the river and local amenities.
The property will be sold at auction with a guide price of £300,000 to £350,000 plus fees; buyers should allow for auction purchase costs and complete legal/finance checks in advance. Tenancies vary: rents from £700–£750 pcm with AST end dates between September 2025 and August 2026, so some income may need renewal or re-letting soon. EPCs range from D to E across the four units.
Internally the apartments are described as in reasonable condition with modern kitchens shown in the images, but the building is compact (total approx. 375 sq ft overall) and may suit buyers targeting yield over space. Average broadband and mobile signal, low flood risk and a very cheap council tax band A for each flat are practical positives for lettings.
This lot suits investors seeking a small multi-let freehold in an affluent, village setting with immediate rents and short-term asset management opportunities. Budget for EPC improvements and tenancy renewals where required; further information and legal packs are available via the auctioneer prior to bidding.
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