40 bedroom block of apartments for sale
Key information
Features and description
- Please quote SO1137 For All Enquiries
- Luxury Residential Portfolio For Sale
- 23 self contained flats
- Across 8 buildings
- Gross Income - £1,150,000 p.a
- 2 unbroken blocks within portfolio
- SPV/BVI owned
- Freehold and 990 yr lease
- Lift access
A rare opportunity to acquire a portfolio of 23 income-producing luxury apartments across eight buildings. The portfolio includes two complete residential buildings, comprising three and five apartments respectively. The breakdown is as follows:
3 Unit Freehold entire block
5 Unit leasehold entire block (144-yr lease)
5 Units in one building (990+yr lease)
3 Units in one building (990+yr lease)
2 Units in one building (990+yr lease)
2 Units in one building (990+yr lease)
3 Individual units (990+yr lease)
Gross income of approx £1,145,000 per annum, (underlet)
Total service charge approx £150,000.
Assets are held in purchasable SPV/BVI's .
This represents a great opportunity for an investor or family office to acquire at below market value and drive further value through active asset management, short-let accommodation, and targeted capital expenditure.
Floor Plans, Internal Images, Service Charge and Schedule of Accommodation available on request.
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