Block of Apartments

Jubilee Cottages, Crimchard Chard TA20 1JS

Size: sqm

Purchase price

£260,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £26,000
Net income £26,000
Gross yield 10%
Net yield 10.00%

This unmissable investment opportunity consists of a fully operational and tenanted freehold block of self-contained apartments. The unique and attractive detached property internally consists of four studio apartments and a one-bedroom apartment, each featuring their own private kitchens and bathrooms. The property is already generating an incredible 10% NET return with is good scope to improve this further and offering huge development potential.

Jubilee Cottages is ideally positioned on the Northern outskirts of the town of Chard around half a mile from the town centre which offers a range of supermarkets, retail stores, educational and leisure facilities so will inevitably appeal to those wanting to be within walking distance for convenience or employment purposes. Chard lies in the county of Somerset, near the Devon and Dorset border and is surrounded by beautiful countryside and has plenty of lovely places to visit. The charming historic market town of Chard is South Somersets second largest town with a population of 14,000 which will ensure a steady demand for rental properties such as those within Jubilee Cottages.

The County town of Taunton is 14 miles to the North and boasts a wide selection of high-quality amenities, popular shops, eateries, attractions and history. Taunton offers a train station with links to the bustling capital of London in two hours and access to the M5 motorway.

Investing in property in the South West is an excellent decision. More than £7.3 billion is spent annually by tourists staying in short-term holiday accommodation in the South West, with the sector injecting nearly £6.2 billion into the region’s economy which has a positive economic impact on the area. Bookings to Somerset grew 47% in 2022 and with staycaytions soaring in popularity this is not expected to slow down anytime soon.

SPECTACULAR INVESTMENT OPPORTUNITY WITH HUGE POTENTAIL ALREADY YIELDING 10% NET! Freehold block of five self contained apartments, this unique investment is not to be missed.

Interested in this property? Enquire today for more information

Key features

Key features

Invest in this incredible property

Key features

Already yielding 10% NET

Key features

Freehold block of apartments

Key features

Five self contained units

Key features

Huge development potential

Key features

Scope to increase the already impressive return

Key features

Fully operational and tenanted

Key features

Generate income right from completion

Key features

A truly unmissable opportunity

Key features

Enquire today for video and more details

Key features

Freehold

SPECTACULAR INVESTMENT OPPORTUNITY WITH HUGE POTENTAIL ALREADY YIELDING 10% NET! Freehold block of five self contained apartments, this unique investment is not to be missed. More info...

This unmissable investment opportunity consists of a fully operational and tenanted freehold block of self-contained apartments. The unique and attractive detached property internally consists of four studio apartments and a one-bedroom apartment, each featuring their own private kitchens and bathrooms. The property is already generating an incredible 10% NET return with is good scope to improve this further and offering huge development potential.

Jubilee Cottages is ideally positioned on the Northern outskirts of the town of Chard around half a mile from the town centre which offers a range of supermarkets, retail stores, educational and leisure facilities so will inevitably appeal to those wanting to be within walking distance for convenience or employment purposes. Chard lies in the county of Somerset, near the Devon and Dorset border and is surrounded by beautiful countryside and has plenty of lovely places to visit. The charming historic market town of Chard is South Somersets second largest town with a population of 14,000 which will ensure a steady demand for rental properties such as those within Jubilee Cottages.

The County town of Taunton is 14 miles to the North and boasts a wide selection of high-quality amenities, popular shops, eateries, attractions and history. Taunton offers a train station with links to the bustling capital of London in two hours and access to the M5 motorway.

Investing in property in the South West is an excellent decision. More than £7.3 billion is spent annually by tourists staying in short-term holiday accommodation in the South West, with the sector injecting nearly £6.2 billion into the region’s economy which has a positive economic impact on the area. Bookings to Somerset grew 47% in 2022 and with staycaytions soaring in popularity this is not expected to slow down anytime soon.

  • Key features
    Tick Desktop Invest in this incredible property
    Tick Desktop Already yielding 10% NET
    Tick Desktop Freehold block of apartments
    Tick Desktop Five self contained units
    Tick Desktop Huge development potential
    Tick Desktop Scope to increase the already impressive return
    Tick Desktop Fully operational and tenanted
    Tick Desktop Generate income right from completion
    Tick Desktop A truly unmissable opportunity
    Tick Desktop Enquire today for video and more details
    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 £26,000
Net income £26,000
Gross yield 10%
Net yield 10.00%

*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.