Block 2 Braeburn Heights, St Mary's... 2 bed flat for sale

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Block 2 Braeburn Heights, St Mary's... 2 bed flat for sale

Block 2 Braeburn Heights, St Mary's Road, Greenhithe, Kent
£6,350,500

Our Summary

  • An exciting investment opportunity to purchase Block 2, Braeburn Heights, comprising of 23 new private flats (19 x 2 bed and 4 x 3 bed) in a part 4, part 5 storey brick building

Description

This investment opportunity presents a fully let and managed block of 23 private flats in Braeburn Heights, consisting of 19 two-bedroom and 4 three-bedroom units. The part 4, part 5 storey brick building was completed 12 months ago and is producing a rental income of £464,040 per annum, reflecting a 7.3% gross yield based on the guide price of £6,350,000. The development is well-located near Bluewater, Ebbsfleet International Station, and Dartford, with easy access to the M25 and A2. The property comes with a 10-year new build warranty and is being sold with a break-up GDV of approximately £7,330,000, excluding Help to Buy.
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