12 bedroom block of apartments for sale

>

12 bedroom block of apartments for sale

Estuary View Apartments, 4 High Street, Northfleet, Gravesend
£3,000,000

Our Summary

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

Description

Estuary View is a detached 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 flats are currently let on assured shorthold tenancies (ASTs), generating a rental income of £165,000 per annum. A new management company has been appointed for a five-year term, guaranteeing a rent of £165,000 per annum until March 2030, with a scheduled rent review in January 2027.