FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 11TH JULY WITH AUCTION HOUSE WALES. BIDDING OPENS 11TH JULY AND CLOSES ON 12TH JULY AT 1PM. PLEASE NOTE YOU NEED TO PRE-REGISTER TO BID.

Auction House Wales are delighted to welcome to the market this block of flats on the outskirts of Holywell, North Wales.

This listing provides a fantastic opportunity to purchase X4 one bedroom flats with 3 currently occupied with tenants in situ providing an immediate return. Furthermore, each flat benefits from a parking space to the front of each entrance door.

Currently income sits at £1,185 PCM with only three of the four flats tenanted. The fourth owner occupied apartment (Vacant possession) offering a potential to achieve £495PCM with potential rent increases achievable on 2 of the occupied flats.

All said, if the rent increases came into play and the vacant possession apartment let out, you could potentially achieve an income of £1900 PCM generating a potential yield of 8.5-9.5%.

There is an extension to the rear which is underutilised and subject to further investigation and consents, there is a possibility to extend the some of the flats where applicable.

Council Tax Band: B (Flintshire)

Tenure: See Legal Pack

EPC Rating: See Legal Pack