24 bedroom block of apartments for sale

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24 bedroom block of apartments for sale

London Road, Bishop's Stortford, CM23
£4,995,000

Our Summary

  • With a current monthly rental income of £29,000 and potential for growth, this block of flats presents a lucrative investment opportunity
  • Contact us today to explore this exceptional investment opportunity before it's gone

Description

This property presents a lucrative investment opportunity with a collection of 25 apartments, including 24 one-bedroom and 1 two-bedroom units, generating a current monthly rental income of £29,000. The property is situated in the heart of Bishop's Stortford, offering easy access to the train station, town centre amenities, and a private car park for residents. With an EPC rating of C, the modern design and energy efficiency of the apartments add to their appeal. As a freehold sale, this is an exceptional investment opportunity for those seeking a premium asset, with a buyer's premium of 1% + VAT applying to the sale.