This is a chance to buy your slice of history and a great buy to let property at the same time.
We have some great ideas on this top floor duplext apartment, and a variety of ways you could let it out!
25 St Georges Quay dates back to approximately 1765 and was originally owned by Captain Dodgson Foster, a renowned sailor of the area.
Today this period property has been converted to provide 3 apartments.
Flat 3 is the upper floor duplex, offering fantastic views from both the front and rear elevations. It is full of original character and features. Both bedrooms are doubles.
- Let this as a professional let for £650 pcm. This would give you a 5.7% gross yield
- Let this to two flat sharers. It would still be a professional let, however as flat share, individiuals tend to pay £400-£450 pcm (bills included). Your gross yield could now be as high as 8%
- Air Bnb / Holiday let. This property gets very interesting as a holiday let. It could easily let for £90 per night. Why not make it a minimum over 3 night bookings? If it just let for long weekends only, it would give a gross income of £1080 per month. If it let for every night in the year ( we know this won’t happen ) it would give an income of £32,850.
St Georges Quay gives you options. Check out the full details below
Pros – Fabulous views over the river. Superb location. Quirky Character
Cons – No lift and this apartment is on the top floor! Older buildings tend to need more maintenance.