Chester Street, Shrewsbury
Offering an exciting investment opportunity, this converted freehold building of character has been split into 6 modern apartments. The property is available to purchase as a residential investment block with tenants currently in situ providing a stable rental income. Located within the heart of Shrewsbury town centre adjacent to the Railway Station, the development has been finished to a high standard throughout.
Property Details
All mains services are connected
KEY FEATURES
* Apartment 1 - 2 bedroom first floor apartment with views to front. Currently achieving £695 PCM
* Apartment 2 - 1 bedroom first floor apartment. Currently achieving £550 PCM
* Apartment 3 - 2 bedroom first floor apartment with views to rear. Currently achieving £745 PCM
* Apartment 4 - 2 bedroom second floor apartment with views to front. Currently achieving £600 PCM
* Apartment 5 - 1 bedroom second floor apartment. Currently achieving £550 PCM
* Apartment 6 - 2 bedroom second floor apartment with views to front. Currently achieving £745 PCM
* Current total rental income per annum is £46,620 representing a gross yield of 6.4%
* AST's in place for all apartments
* Agents note - Photos used are a mixture of apartments to give an idea of the interior accommodation. All apartments have been finished to the same high standard. There is currently a penthouse apartment being erected on top of the existing building which will be sold separately on a long leasehold basis. For more information please contact Cooper Green Pooks
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