Ready-Made Rental Portfolio – 7 Flats, 10–12 Mallaby Street Currently achieving approximately £20kpa from 4 currently tenanted units, with clear potential to uplift rents and boost returns. A strong investment with long-term growth prospects. **Early viewing essential**
*CASH OFFERS ONLY*
An outstanding investment opportunity offering an immediate return with a healthy yield of approximately 7.4%, alongside strong potential for increased rental income — as all tenants are now out of contract.
Property Breakdown
No. 10 – 2 Flats
Flat A: 3 bedrooms, 1 reception room, 1 bathroom, and a kitchen
Flat B: 1 bedroom, 1 reception room, 1 bathroom, and a kitchen
No. 12 – 5 Flats Two 2-bedroom flats Three 1-bedroom flats Each with 1 reception room, 1 bathroom, and a kitchen
Key Information
4 flats currently tenanted, 3 vacant
Current rent per flat ranges from £346.66 to £475 pcm (with scope for increase)
Breakdown: 10 (a): £475 pcm 10 (b): £346.66 pcm 12 (1): £375 pcm 12 (5): £390 pcm
To be sold with tenants in situ ONLY
EPC Ratings Ratings: C & D Expiry dates: Between August 2032 and September 2035
This property represents an excellent opportunity for investors seeking a ready-made rental portfolio with immediate income and clear potential for further growth.
Tenure : Freehold
Council Tax Band : A
These particulars, whilst believed to be accurate are set out for guidance only and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation or fact, but must satisfy themselves by inspection or otherwise to their accuracy.
The agents have not tested any of the appliances, equipment or heating systems (Gas, electrical or otherwise) mentioned in these particulars and purchasers are advised to satisfy themselves as to their working order prior to any legal commitments. Photographs are for illustration purposes only and items shown in photos may not be included in the sale. Measurements - The approximate room sizes are only intended as general guidance and must be verified by any potential purchaser prior to exchange of contracts.
Bailey and Staples can refer you to a mortgage consultant who can offer you a full range of mortgage products and save you the time and inconvenience by trying to get the most competitive deal to meet your requirements. The mortgage consultant deals with most major Banks and Building Societies and can look for the most competitive rates around to suit your needs. We are paid an introducers fee of 30% of the fee/commission earned by the Broker on referral. Please ask for more details.
Bailey and Staples can refer you to recommended Conveyancers that in our experience, provides excellent customer service and communication throughout the sales process. We are paid an introducers fee on referrals by certain Conveyancers, please enquire for more details
Choose a prefered date and time
Contact details
If you are flexible on date and time, please just click the button below
Please complete the form below and we'll get back to you make the arrangements
