4 Apartments - Tenanted

4 Apartments - Tenanted BTL in Somerset

A unique chance to purchase a freehold residential investment in the desired Somerset community of West Coker, consisting of four independent homes held under a single title. The property has one single-story one-bedroom home and three two-bedroom apartments spread across two stories, all of which have access to shared parking. The development now produces an appealing gross return of about 9% and offers an instant income-producing investment with minimal management obligations.

A great opportunity to acquire a high yielding block of 4 apartments in Somerset. The property consists of 3x 2 bedroom apartments and 1x 1 bed - all of which are tenanted, meaning there will be a positive cashflow immediately after completion.

Financials:
▪ Purchase price: £400,000
▪ Annual profit: £37,620
▪ ROCE: 18%
▪ Yield: 9%

This property is situated in a popular village location and benefits from communal parking, along with access to shopping facilities, transport links, schools and the surrounding countryside.

Please contact for further information.