Freehold, mixed property, (3 properties adjoined)

1) retail shop / off license.
2) 4 bedsit HMO (house of multiple occupation) let to professional working people.
3) 1 bed self contained flat with court yard and garage.

This property is one of 27 i own and as i am now retiring i am selling off 1 to 2 properties per year to avoid paying too much capital gains tax.
Offers are invited around £500,000 for this free hold investment property fully let with a rental income in excess of £33,000 per annum. The property will achieve capital growth over the next 7 yrs to a value of around £700,000 as well as benefiting rom a positive cash income exceeding £33, 000 per year. The property is let to private domestic tenants on assured shorthold tenancy agreements. The shop/off license is let on a 15 year commercial lease. If you are not an experienced landlord i will work with you for 1 month and provide 3 month further consultation. You can have my own software for tracking this and any other properties you may buy. This property requires around 2 to 3 days management per month. (you don't need any employees.) mainly to check and record payments of rent. The property will attract mortgage lenders between 75% to 85% mortgage,depending on your credit rating, meaning you will need between 15% & 25% to put down as cash. Mortgage can be interest only so payments would be around £800 per month with around £2,700 income per month, providing £1,900 per month positive cash flow.

If you need introductions to lenders I can arrange this through my contacts. The property is ready for a 'light refurb' (kitchen, bathroom and decoration) spending around £3,000 on this will increase the value by £18,000 to £25,000 but i neither have the energy or interest any longer to take advantage of this. It's time to pass the reigns to a younger person who has the drive to take this project to the next level. Contact for more information on this property for sale.