Gurdev Chapel Apartments
OIRO £895,000 Freehold

Presenting an unparalleled freehold investment opportunity, Gurdev Chapel Apartments offers a meticulously curated portfolio of six executive apartments, ideally situated in the popular and well-established area of Wrockwardine Wood. This impressive development comprises two spacious three-bedroom apartments and four comfortable two-bedroom apartments, collectively boasting fourteen bedrooms, eight bathrooms, and six reception rooms, making it a highly attractive proposition for discerning investors. Currently generating a robust rental income of £61,740 per annum, this investment delivers an approximate yield of 6.8%, providing a compelling return on investment. The properties are offered for sale at Offers In Region Of (OIRO) £895,000, representing excellent value for a portfolio of this calibre. Each of the six apartments has been thoughtfully designed to cater to modern living, featuring lovely open-plan kitchen/dining/sitting rooms that create bright and inviting communal spaces. The kitchens are well-appointed with integrated appliances, ensuring a seamless and contemporary living experience for tenants. Furthermore, the development retains stunning character and period features throughout, adding a unique charm and appeal that sets these apartments apart from standard offerings. Convenience is paramount, with each apartment benefiting from allocated parking, a highly sought-after amenity in today's rental market. The location itself is a significant draw, offering excellent local amenities within easy reach, including shops, schools, and recreational facilities. Superb road links provide effortless access to surrounding towns and major transport networks, enhancing the desirability of the location for a wide range of tenants. This investment is not just about the immediate returns; it's about securing a long-term asset in a thriving community. The established nature of Wrockwardine Wood ensures consistent demand for quality rental properties, making Gurdev Chapel Apartments a stable and lucrative addition to any property portfolio. The diverse mix of two and three-bedroom units broadens the potential tenant base, from young professionals to small families, ensuring high occupancy rates. For those considering the energy efficiency of the properties, it is important to note the EPC ratings: three apartments hold a D rating, and three hold an E rating. While these ratings are provided for transparency, the overall appeal of the investment, driven by its strong yield, desirable location, and quality of accommodation, remains exceptionally high. This is a rare chance to acquire a substantial, income-generating asset with a proven track record. The meticulous presentation of each apartment, coupled with the strategic location and attractive yield, positions Gurdev Chapel Apartments as a premier investment opportunity in the current market. Early viewing is highly recommended to fully appreciate the scope and potential of this exceptional offering. For more detailed information and to arrange a viewing, please contact Mannleys, your dedicated estate agent.