Brown & Cockerill Estate Agents are delighted to offer for sale this four bedroom end of terraced multi let investment opportunity situated on a corner position within apopular residential location on the outskirts of Rugby town centre. The property is of standard brick built construction with a tiled roof and all mains services are connected.
There are a range of local amenities to include a parade of local shops and stores, hot-food takeaways, public houses, schooling for all ages and a recreational park. A more comprehensive range of facilities are available in nearby Rugby town centre and the popular Junction One and Elliott‘s Field retail parks are only a short drive away.
The property is ideally located and within walking distance of Rugby railway station which operates a mainline intercity service to Birmingham New Street and London Euston within an hour. There is easy commuter access to the M1, M6, A5 and A14 Midland road and motorway networks.
In brief, the accommodation comprises of a communal entrance hall and communal kitchen/dining room with flat numbers one and two each comprising of a double bedroom and an en-suite shower room.
To the first floor, flat number three comprises of a double bedroom and en-suite shower room and flat number four comprises of a double bedroom with kitchenette and en-suite shower room.
The property benefits from gas fired central heating to radiators and double glazing.
Externally, there is a communal low maintenance courtyard area to the rear.
Early viewing is highly recommended and the property is being offered for sale with no onward chain.
Gross Internal Area: approx. 99 m² (1065 ft²).
Current Rental Income:
Flat 1 - currently let at £675 pcm
Flat 2 - currently let at £675 pcm
Flat 3 - currently let at £675 pcm
Flat 4 - currently let at £725 pcm
All utility Bills are included.
Potential Gross Monthly Income: £2750
Potential Gross Annual Income - £33,000
Potential Net Monthly RentalIncome £2199.38
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