3 bed flat for sale

Alma Road, Sheerness ME12

End-terraced freehold investment – three self-contained 1-bed flats

A solid investment opportunity comprising a freehold block of three purpose-built, self-contained one-bedroom flats, each arranged with a bedroom, shower room and open-plan lounge/kitchen. All units benefit from double glazing and electric storage heating.

Each flat is currently let on Assured Shorthold Tenancies at £700 pcm, producing a combined gross income of £25,200 per annum. At a guide price of £230,000, the block returns an attractive gross yield of 10.96%.

Outside, the property enjoys an enclosed communal rear garden, offering scope for improvement and added value with a little tlc.

Call Mark at the office for further information.

Flat 1

Entrance Hall

Carpet, storage heater, door to...

Bedroom (10' 6'' x 7' 9'' (3.20m x 2.36m))

Carpet, double glazed window, power points.

Shower Room

Shower cubicle with electric shower, low level WC, pedestal wash hand basin, extractor fan.

Lounge/Kitchen (14' 6'' x 13' 6'' (4.42m x 4.11m))

Carpeted lounge area, double glazed window, storage heater, kitchen area with wall and floor cabinets, stainless steel sink unit, space and plumbing for washing machine, built in oven and hob, airing cupboard with tank, power points.

Flat 2

Entrance Hall

Carpet, storage heater, door to...

Bedroom (10' 6'' x 7' 9'' (3.20m x 2.36m))

Carpet, double glazed window, power points.

Shower Room

Shower cubicle with electric shower, low level WC, pedestal wash hand basin, extractor fan.

Lounge/Kitchen (14' 6'' x 13' 6'' (4.42m x 4.11m))

Carpeted lounge area, double glazed window, storage heater, kitchen area with wall and floor cabinets, stainless steel sink unit, space and plumbing for washing machine, built in oven and hob, airing cupboard with tank, power points.

Flat 3

Entrance Hall

Carpet, storage heater, radiator panel.

Bedroom (10' 6'' x 7' 9'' (3.20m x 2.36m))

Carpet, double glazed window, power points.

Shower Room

Shower cubicle with electric shower, low level WC, pedestal wash hand basin, extractor fan.

Lounge/Kitchen (14' 6'' x 13' 6'' (4.42m x 4.11m))

Carpeted lounge area, double glazed window, storage heater, kitchen area with wall and floor cabinets, stainless steel sink unit, space and plumbing for washing machine, built in oven and hob, airing cupboard with tank, power points.

Outside

Enclosed communal garden to rear.