Leek town centre
Four flats over first and second floors presently on one title
Available individually – offers over £67,500 each or together – offers over £235,000
Fully EPC upgraded with insulation exceeding modern standards
Projection of 12% yield
Potential to convert attics to upgrade second floor flats to 2 bed loft apartments
Leek is a beautiful traditional small market town on the edge of the Peak District in the affluent Staffordshire Moorlands with a vibrant and thriving town centre with very few voids.
All flats are under complete refurbishment and close to completion and have been insulated to modern standards with 100mm Celotex-type insulation to all external facing walls and 400mm loft insulation. EPCs should achieve a C if not B.
The property is presently on one freehold title but is available either as flying freehold or long leasehold/commonhold title with share of the freehold as per buyer preference.
Offers are invited for all four flats, – offers over £235,000
Alternatively offers will be considered for individual flats – offers over £67,500 per flat.
Selling Format and Terms:
The property will be sold under auction-style conditions with best and final offers (date to be advised). Please note however that the property is not listed in any auction and there are absolutely no fees to be added to the selling price. The selling price that will be agreed is the price the buyer(s) will pay.
Compare listings
Compare