Residential Investments for sale

View the "A Limited Company with a portfolio of 7 freehold BTL properties in the North Midlands" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Adam Warren (Jan 2017)
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Freehold Price: £520,000 Annual Turnover: £33,450
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Business Description
A residential portfolio of buy to let freehold properties in the North Midlands with a rental income of £33,450 per annum.

All the properties are fully let to good reliable tenants on assured short term tenancies. Very few historical void periods with some tenants being in the properties for up to12 years.

All properties are regularly inspected and well maintained with current gas safety certificates.

The properties are fully managed by a local agent at 7.5% of rental income and would suit an absentee landlord or inclusion in a larger portfolio.

As this is a company sale by way of share transfer, there is no related stamp duty payable. Consequently on the sale price there is a net saving of £15,600.
Tenure: Freehold

Is this business home based: Yes

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PAX01284242492
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