6 bed apartment in Grazettes Terrace, Grazettes, Barbados
Grazettes, Saint Michael, Barbados
Property ID: 26397673
Summary Data
| Price | £169,845 |
| Price Type | |
| Bedrooms | 6 - Bed |
| Bathrooms | 4 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Apartments |
| Subtype | |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
Currently it is fair to say that the property needs modernizing and could achieve a great deal more income than current.
However current rental income is 12,000usd per annum or 4.4% ROI should a buyer wish to retain the current tenants.
There is great potential here however as the house itself is rented as a three bedroom but the two one bed apartments on the lower floor are not utilised.
There is also the structure for a two storey apartment that could be built in the rear of the property which would again have dramatic sea views.
The house footprint is approximately 3000sq ft and the plot is 9000 sq ft.