Block of Apartments

Gors Avenue, Holyhead, LL65 1PZ

Size: 672 sqm

Purchase price

£575,000

Size: 672 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £44,000
Net income £44,000
Gross yield 7.65%
Net yield 7.65%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! NOT SUITABLE FOR OWNER OCCUPIERS!

yieldit are pleased to present to this fantastic block of residential apartments on Gors Avenue, Holyhead.

This truly unique commercial to residential conversion, originally an office for the shipping yard now comprises 9x 1 bedroom apartments and 6x studio apartments all with fully rented and achieving a gross annual income of £44,000 per year.

There is also a separate outhouse which has been converted in to a laundry room and upon entering the grounds of the property, there is non-allocated parking spaces exclusive to residents.

Holyhead is located in Wales and serves as a major Irish Sea port serving Ireland. It is also a community and the largest town in the Isle of Anglesey county, with a population of 13,659.

There has never been a better time to invest in the area, as the UK Government is set to make huge investments in the region such as £4.8 million in the Holyhead hydrogen hub.

Ynys Môn MP Virginia Crosbie, has also been instrumental in securing the investment after talking to ministers and business leaders on the island over many months and making the case for Anglesey to be at the forefront of green technology.

The hydrogen production centre will be designed to produce and distribute green hydrogen made using renewables for use in HGVs, helping to decarbonize high carbon-emitting transport supporting a further 500 jobs and bring further investment into the island.

In addition, Virginia welcomed an extra £4.4 million per year from 2021/22 for the North-Wales Growth Deal. Anglesey’s tidal project Morlais is set to be a major beneficiary of this increased investment.

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Fully occupied block of apartments with freehold

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Block of apartments

Key features

Huge plot

Key features

Freehold

Key features

9x one bedrooms

Key features

6x studio apartments

Key features

Fully occupied

Key features

Close to town centre

Key features

Freehold

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Fully occupied block of apartments with freehold More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! NOT SUITABLE FOR OWNER OCCUPIERS!

yieldit are pleased to present to this fantastic block of residential apartments on Gors Avenue, Holyhead.

This truly unique commercial to residential conversion, originally an office for the shipping yard now comprises 9x 1 bedroom apartments and 6x studio apartments all with fully rented and achieving a gross annual income of £44,000 per year.

There is also a separate outhouse which has been converted in to a laundry room and upon entering the grounds of the property, there is non-allocated parking spaces exclusive to residents.

Holyhead is located in Wales and serves as a major Irish Sea port serving Ireland. It is also a community and the largest town in the Isle of Anglesey county, with a population of 13,659.

There has never been a better time to invest in the area, as the UK Government is set to make huge investments in the region such as £4.8 million in the Holyhead hydrogen hub.

Ynys Môn MP Virginia Crosbie, has also been instrumental in securing the investment after talking to ministers and business leaders on the island over many months and making the case for Anglesey to be at the forefront of green technology.

The hydrogen production centre will be designed to produce and distribute green hydrogen made using renewables for use in HGVs, helping to decarbonize high carbon-emitting transport supporting a further 500 jobs and bring further investment into the island.

In addition, Virginia welcomed an extra £4.4 million per year from 2021/22 for the North-Wales Growth Deal. Anglesey’s tidal project Morlais is set to be a major beneficiary of this increased investment.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Block of apartments
    Tick Desktop Huge plot
    Tick Desktop Freehold
    Tick Desktop 9x one bedrooms
    Tick Desktop 6x studio apartments
    Tick Desktop Fully occupied
    Tick Desktop Close to town centre
    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 £44,000
Net income £44,000
Gross yield 7.65%
Net yield 7.65%

*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.