12 bedroom block of apartments for sale

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12 bedroom block of apartments for sale

Estuary View Apartments, 4 High Street, Northfleet, Gravesend
£2,750,000

Our Summary

  • Residential Investment Opportunity of 7 apartments, built in 2023;

Description

Estuary View is a modern, three-story residential block built in 2023, comprising seven private flats with allocated parking spaces and vehicle charging points. Each flat features underfloor heating, mechanical ventilation heat recovery systems, high-speed broadband, and access to communal gardens and private balconies. The property is currently fully let on assured shorthold tenancies (ASTs), generating an annual rental income of £165,000. A new management company has been appointed for a five-year term, guaranteeing the same rental income until 2030, with a scheduled rent review in 2027.