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Property Type:
On The Market: For Sale

Offers in excess of £650,000



Key Attributes:


Contact Agent To Arrange Viewing
WE ARE PLEASED TO OFFER FOR SALE THESE 3 BLOCKS OF 8 FLATS TOTALLING 24 FLATS. THE BLOCKS BRIEFLY COMPRISES OF 12 ONE BEDROOM FLATS AND 12 TWO BEDROOM FLATS.
FOR FURTHER INFORMATION REGARDING THE RENTAL INCOME PLEASE CONTACT RORY. THE RENTAL INCOME IS ROUGHLY £98,000 PER ANNUM. THERE IS ROOM FOR AN UP LIFT IN THE RENTS AS THE RENTS ARE CURRENTLY BELOW THE LHA RATE FOR THE AREA. THE YEILD IS ROUGHLY 15.08%. PLEASE SEE ATTACHED SHEET DETAILING LOCAL LHA RATES.
THERE IS CURRENTLY A BUILDING MANAGER ON SITE WHO DEALS WITH RENT COLLECTION, MAINTENANCE ISSUES AND THE GENERAL DAY TO DAY RUNNING OF THE FLATS. HE IS LOOKING TO STAY ON AT THE PROPERTIES IF POSSIBLE AND WOULD BE A GREAT ASSET FOR ANY NEW BUYERS.

THE PROPER





Disclaimer

The asking rent does not include any letting fees. Depending on your circumstances and the property, the following upfront fees may apply:

  • ◊ general administration fees
  • ◊ reference fees (including credit checks, bank, guarantor, previous landlord, etc)
  • ◊ application fees
  • ◊ fees for drawing up tenancy agreements
  • ◊ inventory fees, including check-in and check-out fees
  • ◊ guarantor arrangement/application fees
  • ◊ additional occupant fees
  • ◊ pets disclaimer fees/additional pet deposit

For more details, please contact the agent.

www.TomClarke-Moston.co.ukEgerton Court, Egerton Court