***FINDERS FEE APPLIES***
alexandra park is please to offer this Investment Purchase comprising:
97 x houses
3 x mixed use investments
2 x residential flats
1 x nursery investment
26 of the residential properties are registered HMOs and the entire portfolio comprises a total of 498 rooms.We understand the portfolio totals over 120,000 ft of accommodation.
Currently the residential element is 90% occupied and produces a gross income of £2,328,143 pa.
On 100% occupancy we anticipate the residential element's ERV being £2,560,957 pa.The portfolio produces a total rental income today of £2,377,102 pa and an ERV on 100% occupancy of £2,609,917 pa.
The vendor has agreed to rent and manage the portfolio for a period of 12 months on completion if required.
All assets are held freehold. offers in excess of £17,000,000 which equates to a gross yield of 13.7%.
INVESTMENT PURCHSE
***FINDERS FEE APPLIES***
Tenure : Freehold