PORTFOLIO OF RESIDENTIAL PROPERTIES – SOUTH EAST

  • Freehold Price: £2,700,000
  • Annual Turnover: £154,140
Seller Ref:160323
For Sale

PORTFOLIO OF RESIDENTIAL PROPERTIES – SOUTH EAST

Seller Ref:160323
  • Freehold Price: £2,700,000
  • Annual Turnover: £154,140

Description

Rental income of £154,140 per annum with the potential to rise to £174,000 in line with the current market value.
21 desirable residential properties on the South East coast.
Open market value for the leasehold flats with vacant possession.
Occupancy rate of 100% coupled with long-term tenures ensures ongoing, reliable revenue streams.
Provides reactive and cost-effective services which has led to a low turnover of tenants.
Ideal acquisition opportunity for buyers within the letting sector, long-term property investors and property management companies.
Situated in close proximity to the town centre, promenade and beach.
£2,700,000.

Is this business relocatable:
No
Is stock included:
NA

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