A great opportunity has arisen to acquire a commercial property with a two bedroom above; both of which were recently renovated to a high standard.
The commercial element could rent out for between £650-£750 pcm
Due to an average occupancy of 70% in Ripon (AirDNA), the flat above could achieve £100 per night, which equates to £2100 pcm (approx £1900 after bills).
The monthly rent payable to the owners is £1000, this means a potential cashflow of £2650 pcm.
A deal that should not be missed.
Recently refurbed 4 bed house all furnished near the old town and near Margate station. Over looking a lovely green.
