Marshfield Avenue

£190,000

Exceptional three-storey end terrace professionally converted into three self-contained flats generating £1,500pcm with impressive 9.5% gross yield. This fully tenanted investment delivers immediate returns with minimal running costs, whilst presenting a compelling value creation opportunity through a strategic leasehold conversion that could potentially significantly enhance capital value and exit options.

The property comprises Flat A, a spacious two-bedroom ground floor unit, alongside Flat B and Flat C, both well-appointed one-bedroom flats on the first floor. All three units benefit from established tenancies providing reliable income streams with strong occupancy rates. The self-contained nature ensures straightforward management, whilst the Victorian character adds enduring appeal that consistently attracts quality tenants in the competitive rental market.

Positioned next to the riverbank, the property offers tenants the desirable lifestyle amenity of pleasant, leisurely riverside walks whilst maintaining excellent connectivity just a 15-minute walk from the town centre. This balance of tranquil setting and urban convenience creates exceptional tenant appeal and retention.

The outstanding value proposition lies in the immediate uplift potential through converting the current freehold structure into three separate leasehold units. This strategic restructuring could unlock substantial capital appreciation whilst creating flexible exit strategies—enabling individual unit sales, retention of freehold income, or portfolio optimisation. Combined with the turn-key nature, strong yield, and minimal running costs, this represents a rare opportunity for sophisticated investors seeking both immediate returns and significant value enhancement through straightforward legal restructuring.