Halifax – Attractive Residential Investment Opportunity comprising 41 two bed flats

by Antony Gross
Created Aug 04, 2021 | Halifax, UK
$0 raised of $2,125,000 goal 0.00%
  • 0 Investments
  • No deadline
  • Freehold consisting of five stone built blocks comprising a total of 41 self-contained two bed flats
  • 12 flats sold subject to Long Leasehold interests
    • All for a term of 125 years from 1 January 2008, thus having approximately 113 years unexpired
    • Each flat currently produces a ground rent of £200 per annum, hence providing a total ground
      rent income of £2,400 per annum
  • 29 flats remain unsold
    • Currently fully let, all subject to Assured Shorthold Tenancies
    • Total Current Rent Passing is £171,780 per annum
  • Total Current Income is therefore £174,180 per annum
  • There is ample car parking to the front of each block, for all flats
  • Potential for the addition of further accommodation through the amended Permitted Development
    Rights, subject to approval
There are no Investments
No results have been found

Related Campaigns

Take a look at other campaigns in the same category.

South East City Centre Fully Let Class E Investment
South East City Centre Fully Let Class E Investment

Located in the attractive and affluent Cathedral City of Canterbury Prominent c...

$0 0.00%
raised of $3,000,000
by Antony Gross No deadline