Venmore Estate Agents are delighted to bring to the sales market an exciting opportunity to purchase a lucrative investment opportunity. Currently commanding a gross rental of excess of in £70,000 PA and fully let on Assured Shorthold Tenancy until the end of July 2019, this excellent opportunity equates to a gross rental return of in excess of 8.5%, which will certainly appeal to an investor looking for immediate returns. Consisting of 1 x 4 bedroom, 1 x 5 bedroom and 3 studio apartments, this property is a must see for all potential buyers.
The property is split and consists of the following:
Accommodation One: entrance hall, communal open living room/kitchen, five bedrooms all with en-suites, three studios with kitchen, storage and shower rooms, utility room and storage room.
Accommodation Two: entrance hall, refuge storage, communal open plan living room/kitchen and four bedrooms all with en-suites.
Viewing is highly advised to appreciate the fantastic opportunity available. NO CHAIN.
Fantastic investment opportunity
Pomona Street runs off Mount Pleasant which is famed for its Georgian architecture and the high number of doctors. It is sometimes known as the "Harley Street of the North". Together with Hope Street and Gambier Terrace it forms the Rodney Street conservation area. No. 62 (built 1792–1793) was the birthplace in 1809 of William Ewart Gladstone, Prime Minister of the United Kingdom on four separate occasions through the 1860s to the 1890s.