Residential investment - block of 4 self contained flats capable of producing a 15% gross yield

A substantial residential investment property occupying a prime position opposite the Buccleuch centre in this attrractive Borders town with easy access to all amenities. The property comprises 4 fully self contained flats which, when fully let, are capable of producing a gross yield in excess of 15% at the guide price. 1 flat is currently let & 3 are vacant

Tenure

See Legal Pack

Flat 5a - Ground Floor - let at £260 per month

Hall; Sitting Room - 11'9 x 11'6; Kitchen - 11'6 x 6'; Bedroom - 12'6 x 8'6; Bathroom - 9'9 x 5'3.

Flat 5b - First Floor

Hall; Sitting Room - 13'3 x 11'9; Kitchen - 10'9 x 6'; Bedroom - 10'9 x 8'6; Bathroom - 7'3 x 6'.

Flat 5c - First Floor

Hall; Sitting Room - 13' x 11'9; Kitchen - 10'6 x 6'; Bedroom - 10'9 x 8'6; Bathroom - 7'3 x 6'.

Flat 5d - Ground Floor

Hall; Sitting Room - 11'9 x 11'9; Kitchen - 11'6 x 6'; Bedroom - 12'6 x 8'6; Bathroom - 9'9 x 5'.

Outside

Enclosed, communal yard at side.

Viewing

Please telephone 01228 510552

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Dumfries and Galloway Council

Additional Fees

Administration Charge - £900 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.