LM156 - St Peter Port - £900,000

These two cottages are part of a farmhouse development comprising seven properties which offer period features and have been thoroughly renovated to a very high standard and include solid oak flooring, under floor heating on the ground floor and fully fitted kitchens. Both cottages have lawned gardens and each have two allocated parking spaces, together with ample visitor parking. They are offered together as an investment opportunity and realise a net income of £48,000 per annum, a return of 5.37% (assuming 3.75% costs) net of purchase costs. Both properties are currently let on a one year lease from 1 April 2009.

Market:
Local Market

Style:
Investment Opportunity

Type:
Two Cottages

Bedrooms: 5

Bathrooms: 2

Showers: 0

Ensuite: 0

Garden: Each has own garden

Parking: Allocated parking & ample visitor parking

Parish:
St Peter Port

TRP:
N/A