Property description

INVESTMENT - 56 LET PRIVATE APARTMENTS (13% Yield). Smith & Brown have been instructed to sell this fantastic investment opportunity. there are 56 let apartments in this development holding a 125 year lease plus 95 year extention.
Current rent £235,000 P/A ERV RENT £250,000 P/A
Ground Rent £14k P/A
28 (1 BEDROOM FLATS( AND 28 (2 BEDROOM FLATS)
Fully let, doble glazed and gas central heating in every unit
In house onsite management
Strong demand in rising market

There are various opportunities to improve margins. To arrange a viewing please contact the Smith & Brown sales team on 0207 148 1870.

Property Features :

• 56 PRIVATE APARTMENTS
• 13% YIELD
• ERV £250,000 P/A
• LONG LEASE 125 YEARS PLUS 95 YEARS
• ONSITE MANAGEMENT
• FULLY LET & MANAGED