OIRO £5,450,000 - New Instruction


  • Entire Lettings Portfolio Sale
  • Sold with tenants in situ (all but one, which will be sold as vacant possession)

Our client is looking to sell their entire portfolio to one investor/developer to acquire all properties with tenants in situ.

Hassocks Road, SW16 - 5 x self-contained studio flats. Garden to the rear (Each studio flat achieves approximately 800 pcm). Total rental income = £4000 pcm

Melfort Road, CR7 - 6 x self-contained studio flats. (Each studio flat achieves approximately 800 pcm). Total rental income = £4800 pcm

Melfort road, CR7 - 6 x self-contained studio flats. (Each studio flat achieves approximately 800 pcm). Total rental income = £4800 pcm

Headcorn Road, CR7 - 3 bed, 2 reception house - Achieving £2000 pcm

Downscourt Road, CR8 - 4/5 bed house - Achieving £2700 pcm

Waddon Road, CR0 - 5 bedsits with kitchenette- double rooms, one separate studio (£800 on average each). Total rental income = 4800 pcm

Manor Way, CR8 - 4 bed house. Potential rental: £2700 - 3000 pcm (currently untenanted)

Total approximate rental across portfolio: £25,800 pm/ £309,600pa (Rental yield of 5.68%)

All tenancies are on short term 6 month contracts/AST's with 2 month notice periods

Please call in for further details or to arrange viewings


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


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