Mixed Use Investment Opportunity, Scunthorpe

£950,000

Walshe’s Property proudly presents this fantastic mixed used investment opportunity in the heart of Scunthorpe, North Lincolnshire.

Comprising of nine flats, two houses and three commercial units with associated stores to the rear.

Currently the property is fully tenanted, however, the current rental yields are not reflective of their full potential, with the potential yields listed as below:

Commercial Unit 1 – £1,000 pcm
Commercial Unit 2 – £1,100 pcm
Commercial Unit 3 – £1,100 pcm
Terraced House X2 – £1,200 pcm
One bedroom flat X7 – £3,150 pcm
Two bedroom flat X2 – £1,100

Total Monthly Rent – £8,650

Toal Annual Rent – £103,800

Gross Rental Yield of 10.93%

For further information please contact us.

~Please note that the businesses are unaffected and subject to a sale would be relocating ~