12 Tower St 2,002 sq ft Retail Property Ludlow SY8 1RL £395,000 (£197.30/sq ft)

12 Tower Street, Ludlow comprises a four-storey period building offering ground floor retail, large cellar, and first and second floors, each having a very spacious, light and airy one-bedroomed flat. Both flats are in good order throughout.
In total, this investment property produces £29,940 per annum with potential for further rental growth. The second floor flat has recently undergone a full refurbishment including the installation of a new Combi boiler, with both flats offering spacious and light accommodation with period detailing. The second floor flat has been recently re-let on a new AST tenancy.
The roof to the property has been totally renewed within the last 12 months with all new lead work to valley gutters; and all windows and cills to the side elevation having been either repaired or replaced. New sash windows have also been fitted and additional insulation installed. The property therefore requires little or no maintenance in the short- to medium-term and represents an attractive proposition to any investor.
The freehold of this well-maintained and recently re-roofed and refurbished property is available and offers potential purchasers a unique opportunity to acquire this investment.