7 bed property for sale

Portfolio Of Flats, Shore Street, Inverness IV1

Excellent opportunity to acquire an established residential investment comprising a portfolio of seven flats, offered for sale together. With six of the properties currently tenanted and generating instant income, the portfolio provides an attractive opportunity for investors looking to add multiple units to their property holdings in a single purchase.

The portfolio comprises 66A, 66B, 66C and 66D together with 67A, 67B and 67D Shore Street Six of the seven flats are currently occupied by tenants, with one property presently vacant.

Each property offers one-bedroom accommodation, with the individual flats varying in size from approximately 28 sq m to 33 sq m. The properties benefit from fixed heating, with gas-fired combination boilers understood to be installed within each flat, together with connections to mains water, electricity and drainage.

The flats include a living area, fitted kitchen and bedroom accommodation The interiors provide straightforward and practical residential accommodation however, they could benefit from some general maintenance and modernisation. Prospective purchasers should satisfy themselves as to the individual accommodation, condition and specification of each property.

On the current arrangements, the portfolio represents £2,737 per month / £32,844 per annum of stated rental value, before allowing for any potential income from the vacant flat.

This is a relatively unusual opportunity to acquire seven residential units within a single location, offering an established income stream together with scope to increase overall rental income through the re-letting of the currently vacant property, subject to any works required and the usual statutory requirements.

This portfolio may particularly appeal to experienced landlords, property investors or purchasers looking to establish or expand a residential rental portfolio, with the significant advantage of six units already producing rental income.

Viewing is strictly by appointment. Further information, including available tenancy documentation and property information, can be provided to seriously interested parties.

Location

Shore Street offers a convenient setting within easy reach of local amenities and everyday services. The location is well placed for access to the surrounding area, with nearby transport links making it practical for residents travelling for work, education or leisure.

A range of shops, supermarkets, cafés and other facilities can be found within the wider area, while road and public transport connections provide straightforward access to neighbouring towns and employment centres.

Flat 66A

EPC band D

Flat 66B

EPC band C

Flat 66C

EPC band D

Flat 66D

EPC band C

Flat 67A

EPC band C

Flat 67B

EPC band D

Flay 67D

EPC band D