17 bed for sale Frodingham Road, Scunthorpe DN15

Walshe’s Property proudly presents this fantastic mixed used investment opportunity in the heart of Scunthorpe, North Lincolnshire.Comprising of nine flats, two houses and three commercial units with associated stores to the rear.Currently the property is fully tenanted, however, the current rental yields are not reflective of their full potential, with the potential yields listed as below:Commercial Unit 1 - £1,000 pcmCommercial Unit 2 - £1,100 pcmCommercial Unit 3 - £1,100 pcmTerraced House X2 - £1,200 pcmOne bedroom flat X7 - £3,150 pcmTwo bedroom flat X2 - £1,100Total Monthly Rent - £8,650Toal Annual Rent - £103,800Gross Rental Yield of 10.93%For further information please contact us.~Please note that the businesses are unaffected and subject to a sale would be relocating ~