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Bridgegate, Rotherham


Guide Price £375,000

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Overview

2 Bedroom Flat for sale in Bridgegate, Rotherham

10-14 Bridgegate offers an INVESTMENT OPPORTUNITY NOT TO BE MISSED. It consists of 7 purpose built modern one and two bedroom apartments and two fully refurbished retail units located in the heart of the Town Centre. The 7 apartments are fully occupied with an annual rent of £29340, a rate lower than market rate to guarantee full occupancy rates but could be subject to review with an expectation of a further £8400 per annum which would be in keeping with similar properties. The two ground floor retail units are now fully refurbished and good to go with rents per unit expected to fetch in the region of £12000 per annum EACH. The overall rental projections could therefore be in excess of £6...

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Key Info

  • Seven Purpose built modern one and two bedroom apartments
  • Two additional groundfloor RETAILS UNITS
  • Current rates lower to guarantee full occupancy rates
  • Currently let at £29340 with expectations of a further £8000 on review
  • Retail Units FULLY REFURBISHED now available with rents at £12000 EACH
  • SUPERB INVESTMENT OPPORTUNITY
  • Central location close to shops, bus and train transport

Sorry! There are no available floor plans for this property.

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Amount Borrowed: £200,000
Term: 25 years
Interest rate: 3.5%
Total Monthly Payment:
£1,001.25
Total amount repayable:
£300,374
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