A rare opportunity to acquire a block of six studio apartments located off Newmarket Road within easy reach of Anglia Ruskin University with a rental income of £52,800pa and a yield of 5.8% pa.
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An excellent opportunity to acquire a block of six apartments containing six individual studio apartments over two floors with communal gardens. All of the apartments are on AST’s and fully rented providing and rental income of £52,800pa and a yield of 5.8%
Flats 2-8 have a communal entrance hall with stairs to the first floor;
2 Oyster Row – A ground floor studio with bay window to the front aspect, kitchen and bathroom, small lobby area with plumbing for washing machine and wall mounted gas boiler.
4 Oyster Row – Located on the first floor, similar to the ground floor with small entrance hall with plumbing for washing machine and wall mounted gas boiler, bay window to the studio room, fitted wardrobe, kitchen and bathroom.
6 Oyster Row – A ground floor studio with enjoying a dual aspect, good sized storage cupboard, kitchen, small lobby with plumbing for washing machine and wall mounted gas boiler, bathroom.
8 Oyster Row – Located on the first floor, small entrance hall with plumbing for washing machine and wall mounted gas boiler, studio with fitted cupboard and bedroom area, kitchen and bathroom.
Flats 10 and 12 have a separate entrance again with stairs rising to the first floor;
10 Oyster Row – A studio with separate bedroom area, recess for washing machine and wall mounted gas boiler, kitchen and small lobby area with fitted cupboard and bathroom.
12 Oyster Row – Located on the first floor and mirroring flat 10; a studio with separate bedroom area, recess for washing machine and wall mounted gas boiler, kitchen and small lobby area with fitted cupboard and bathroom.
The apartments benefit from communal gardens laid to lawn with various plants and shrubs and a parking area.
Oyster Row is located off Stanley Road and is close to the popular riverside area and is within walking and or cycling distance of the Grafton Centre, historic City centre and both Midsummer and Stourbridge Commons.
There are a wide range of local facilities including a Tesco Superstore, gym and two out of town retail parks close-by, Wrestlers Public House with outstanding Thai Food, Corner House Public House, Takeaway establishments and Starbucks to name a few with the Grafton Centre which has a wide range of shops a multiplex cinema and restaurants just a short distance away along with Anglia Ruskin University.