Apartments 1-4, Thorpe Road, Melton Mowbray

A fantastic opportunity to acquire a freehold detached block of 4 apartments situated within this period residential building within walking distance to the town centre.

The apartments are all occupied by tenants all on assured shorthold tenancy agreements and historically have a good rate of occupancy.

To be sold as a going concern with tenants remaining in situ all on assured shorthold tenancies.

Freehold investment opportunity.

Detached house with 4 self contained 1 bedroom apartments.

Well presented internal accomodation, each apartment comprises of kitchen, living room, bedroom and bathroom.

Apartment 1 Rent : Rent of £535 PCM (currently on AST but due to become APT on 1st May 2026)
Apartment 2 Rent : Rent of £535 PCM (currently on AST but due to become APT on 1st May 2026)
Apartment 3 Rent : Rent of £550 PCM (currently on AST but due to become APT on 1st May 2026)
Apartment 4 Rent : Rent of £540 PCM (currently on AST but due to become APT on 1st May 2026)

Annual rent being achieved totals £25,920 offering a return of 7.5% PA (subject to no other liabilities/fees or taxes).

Annual rent : £25,920 per annum.

Close to town centre, each apartment has its own designated central heating system.

The Properties let unfurnished.

Council Tax : Melton Borough Council : Band A for each apartment.

Deposit : 5 weeks rent taken as deposit and held with the TDS in an insured scheme.

Services : Mains electricity, gas, water and drainage.