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24 bed flat
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Our Summary
- With no onward chain, the sale presents a smooth and straightforward transaction, allowing prospective investors or developers to take immediate advantage of this prime property
- The freehold ownership adds significant value and control, enhancing the long-term investment potential of this substantial block
- A at current rates; with some flexibility and potential to increase going forward
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Description
This exceptional freehold block of apartments in Hampton Vale offers a rare investment opportunity, comprising nine two-bedroom and six one-bedroom apartments. The property is thoughtfully arranged to provide comfortable living spaces, with bright, airy rooms and modern conveniences. Its prime location benefits from excellent local amenities, transport links, and proximity to reputable schools, making it an ideal portfolio for residential lettings or owner-occupiers.
With ample off-street car parking, no onward chain, and freehold ownership, this property presents a smooth and straightforward transaction. The current gross rental income is £11,735 PCM, equivalent to £140,820 per annum, with a potential yield of 7.15% per annum at the asking price. Viewings are highly recommended to appreciate the full scope and scale of this impressive property.