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No longer on the market

This property is no longer on the market

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Apartment

Apartment
495
EPC rating: E
Added > 14 days

Key information

TenureAsk agent
Council taxBand A
BroadbandUltra-fast 10000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

*PORTFOLIO SALE*

This property portfolio consists of 9 residential properties strategically located within walking distance to the historic and sought after market town of Stamford

Built circa 1842, these character properties are spread across 2 blocks and offer Leases of 1820 years with peppercorn ground rents and no maintenance charges.
With the inclusion a small car park to the rear which is currently let to a third party, the vendor informs us the overall gross yeald is 8%
(rental figures available upon request)

Investing in this portfolio presents a unique opportunity to tap into the thriving housing market, with the assurance of consistent rental income and potential for capital appreciation. The properties' proximity to the town centre and train station, ensures a steady stream of tenants, making it an attractive investment for both seasoned investors and those looking to enter the property market.

Whether you are looking to expand your property portfolio or seeking a secure investment with long-term growth potential, this collection of residential properties offers a compelling proposition. Don't miss out on the chance to own a piece of prime real estate in one of the Lincolnshire’s most sought-after historical towns.

We have been put on notice by the sellers that the properties are being sold as 2 titles with an absent freeholder.

Buyers are advised to make their own investigations prior to making any transactional decision and the agent will require confirmation from your lender, that they are happy to proceed based on the facts of the matters before the property will be removed from sale, unless cash buyers.
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About this agent

Leaders - Spalding
Leaders - Spalding
Unit 2 & 3, 38 New Road Spalding PE11 1DW
01775 536429
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With a network of over 120 branches, Leaders provides its customers and clients with a comprehensive range of property services including: residential sales, lettings and property management, financial advice, conveyancing, surveys and valuations and land and new homes, meaning our clients and customers can achieve all their property solutions 'Under One Roof'.
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