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4th October 2024
Investment For Sale
This investment opportunity comprises seven flats and four houses within a purpose built development having private parking.
The premises are located in Market Weighton which is a quickly expanding due to extensive residential development. The market town is located circa 20 miles north west of Hull and 20 miles south east of York being adjacent to the A1079 which connects Hull and York . The town has a population of circa 6,500 , the central area providing retail facilities with some national occupies interdispursed with local retailers . These include a Tesco supermarket and a planned Lidl store.
The premises provide four 2 bedroom flats, three 1 bedroom flats , two 2 bedroom houses and two 3 bedroom houses. The properties are let on ASTs and produce an income of £67,200pa which has potential to be increased as some of the rents are quite historical.
The investment is available at £1.15m