Description
A rare and exciting opportunity to purchase this investment portfolio consisting of nine two bedroom apartments and maisonettes, located in a single development in a prime and popular position, within walking distance to the city centre and mainline railway station. All nine apartments are currently let on an assured shorthold tenancy (AST) whilst providing a healthy reoccurring income on £120,000 per annum. We have had the properties recently revalued for let and can confirm that, subject to market conditions, this annual income could rise at the end of tenancies up to around £160,000 per annum. The current owners are including the main freehold as part of the sale, therefore additional revenue opportunities via ground rent, service charges and annual maintenance payments could also be possible. (Ref: CHS240064)
Introducing a remarkable opportunity for investors and developers alike - a detached development plot nestled in a highly sought-after location. This property presents a blank canvas for those with a vision to create a bespoke residential development. Boasting a generous plot size, the potential is endless.
The existing property features nine two bedroom apartments, offering a comfortable living space. The well-maintained garden provides a serene escape, perfect for relaxation or entertaining guests. Off-street parking is available, ensuring convenience for residents and visitors alike.
Located in a desirable neighbourhood, this development plot benefits from excellent transport links, with easy access to major road networks and public transport options. Nearby amenities include shopping centres, schools, and recreational facilities, catering to all needs and preferences.
With the potential for a lucrative investment please contact us today to arrange a viewing and explore the possibilities. (Ref: CHS240064)
