Lancaster Walk, Melton Mowbray, LE13 0GH

Location

A purpose built residential development constructed during the early 2000s in an arrangement of 4 self-contained buildings, each providing a number of separate apartments over two stories.

The buildings are constructed in brickwork, with a lower level of painted reconstituted stone, with attractive facades under a pitched slate roof. The windows are double glazed uPVC units. Each individual building provides a varying number of apartments that are all self-contained, with two or three bedrooms, together with the usual arrangement of reception and bathrooms.

Externally, the development is laid out within a managed landscaped environment, each flat has the benefit of one private and allocated car parking space.

Summary

Key points

• Gross income: £245,820 per annum
• 33 two and three bed apartments
• High profile position on the edge of the town centre
• Freehold price £3,500,000 to show a gross yield of 7.02%

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