Fully Let , 29 Unit Block of Flats for Sale on HS2 Route

Fully Let , 29 Unit Block of Flats for Sale on HS2 Route

We have a rare off market investment opportunity generating 6.79% rental yield. Please see summary of the deal below.

? Residential investment block for sale in the market town of Stafford. 20 miles North-West of Birmingham, on the HS2 route from London to the North?

? There are 32 private residential units in the block, with 3 sold on long leaseholds. The remaining units are let on ASTs, comprising of –?

? 28 x 1-bed apartments?

? 1 x 2-bed apartments?

? The remaining units comprise 13,358ft2 of floorspace over ground + 3 floors, currently generating a?combined £210,540 per year.?

? Units are all let to private tenants, and have shown solid growth and no voids over the past 3 years since construction.?

? 23 car parking spaces, 2 of which are for disabled users.?

? Construction Completed in November 2019.?

? Guide price of £3.1 millio

For more information please get in touch.

2% Finder's fee applies.?

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