Block of Apartments

Bridge Road, Spalding PE129SA

Size: sqm

Purchase price

£180,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £24,000
Net income £24,000
Gross yield 13.33%
Net yield 13.33%

Yieldit are pleased to offer this remarkable investment multipurpose property with potential yield of over 9% Yield, It consists of two studio apartments and three one bedroom apartments all coming with with fully fitted kitchen, one bathroom, lounge, and bedroom. The commercial unit is to be sold with vacant possession.

Sutton Bridge is located just under an hour away from Peterborough and around 30 minutes to Lincoln. The local train station is just a short walk away making it accessible for commuters. It is located in the town Spalding, which is known for a number of historical buildings, including four excellent museums around the town, sports complex, and entertainment amenities.

The river welland is home for the famous Spalding water taxi which launched July 2005 which runs from April till October. The also town hosts an annual flower parade held since 1959 which has been a popular hit since then. The busy Market Town of Long Sutton is situated approximately 4 miles away having further amenities, local restaurants and schools etc.

There is a regular bus service throughout the day between the larger Market Towns of Spalding and Kings Lynn which is an interesting river port and ancient Market town. Both are about 13 miles away and have onward coach and rail links to London and the North. Sutton Bridge is also within an hours drive of beaches on the North Norfolk coast, and the Royal Sandringham Estate with it’s country park.

EARN INSTANT INCOME ON THIS OUTSTANDING INVEST OPPURTUNITY WITH POTENTIAL FOR OVER 13% NET YIELD! One commercial unit, two studio apartments and three one bedroom apartments.

Interested in this property? Enquire today for more information

Key features

Key features

Generate Instant Income

Key features

Impressive Potential for 9% Yield

Key features

Commercial and Residential Premises

Key features

Five Flats and One Commercial Unit

Key features

Freehold

Key features

Village Location

Key features

Freehold

EARN INSTANT INCOME ON THIS OUTSTANDING INVEST OPPURTUNITY WITH POTENTIAL FOR OVER 13% NET YIELD! One commercial unit, two studio apartments and three one bedroom apartments. More info...

Yieldit are pleased to offer this remarkable investment multipurpose property with potential yield of over 9% Yield, It consists of two studio apartments and three one bedroom apartments all coming with with fully fitted kitchen, one bathroom, lounge, and bedroom. The commercial unit is to be sold with vacant possession.

Sutton Bridge is located just under an hour away from Peterborough and around 30 minutes to Lincoln. The local train station is just a short walk away making it accessible for commuters. It is located in the town Spalding, which is known for a number of historical buildings, including four excellent museums around the town, sports complex, and entertainment amenities.

The river welland is home for the famous Spalding water taxi which launched July 2005 which runs from April till October. The also town hosts an annual flower parade held since 1959 which has been a popular hit since then. The busy Market Town of Long Sutton is situated approximately 4 miles away having further amenities, local restaurants and schools etc.

There is a regular bus service throughout the day between the larger Market Towns of Spalding and Kings Lynn which is an interesting river port and ancient Market town. Both are about 13 miles away and have onward coach and rail links to London and the North. Sutton Bridge is also within an hours drive of beaches on the North Norfolk coast, and the Royal Sandringham Estate with it’s country park.

  • Key features
    Tick Desktop Generate Instant Income
    Tick Desktop Impressive Potential for 9% Yield
    Tick Desktop Commercial and Residential Premises
    Tick Desktop Five Flats and One Commercial Unit
    Tick Desktop Freehold
    Tick Desktop Village Location
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £24,000
Net income £24,000
Gross yield 13.33%
Net yield 13.33%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.