Conington Lane, Conington, Cambridgeshire.

£750,000

Block of Apartments for sale in Huntingdon

  • A Freehold block of eight apartments.
  • Imperious former Manor House.
  • Potential for improvement and further development, subject to consent (Overage clause applies)
  • A combined income of £47,772 per annum (Inc one currently vacant - income quoted includes projected rent)
  • A Total plot size of 0.6 acres or thereabouts.
  • Village location with lovely countryside views.
  • All apartments fully tenanted under assured shorthand tenancy agreements.
  • Retirement sale, offered with no forward chain.
  • 13 miles to Peterborough / 12 miles to Huntingdon.
  • Plenty of driveway parking.

A unique opportunity to acquire a freehold block of eight apartments, under one title, sited in a village location with open countryside surrounding.

Although a peaceful setting, the A1 is just a short 5 minute drive away providing access North or South with Huntingdon and Peterborough both a 15 to 20 minute drive away. The local village of Sawtry or Hampton provides closer amenities, schools and shops.

Sited on a plot approaching 0.6 acres, there is potential for further development or improvement of the existing building, subject to consent.

A turnkey investment for serious investors, this opportunity provides an instant yield in excess of 6% (One flat is currently vacant - quoted rent inc projected income) and is offered with no onward chain.

Important information

This is a Freehold property.

Property Ref: 0225cbd4-eb21-4015-8189-ae7dfe0b8188

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Oliver James Property Sales & Lettings (Huntingdon)

1 George Street, Huntingdon, Cambridgeshire, PE29 3AD

01480 458762

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