A WELL-KNOWN block of Barrow Island flats has been put on the market for £1.855m.
Egerton Court, made up of the 56 flats numbers 1 to 9a-h is listed on Rightmove as being up for sale for £1.855m. The listing is aimed at investors who could make a rental yield on the properties of around 14 per cent or £235,000 income a year.
The listing states: "A consistent maintenance programme has resulted in an entire portfolio, all double-gazed, gas centrally heated and attractively decorated apartments, all effectively and professionally managed on site. There are various opportunities to improve the margins and also an opportunity to purchase the freehold on the properties.
"The block has steadily enjoyed rising popularity from locals, but now contractors linked to the Trident Submarine program are finding this location increasingly attractive."
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