A unique opportunity to purchase this portfolio of ten houses that are all fully let out with a combined income of £297,420 per year.
Properties And Income
All the properties are fully let with income of
1 Nethercott Place - £27,540
2 Nethercott Place - £27,420
3 Nethercott Place - £27,900
4 Nethercott Place - £27,900
5 Nethercott Place - £28,020
6 Nethercott Place - £27,840
3 Richard Ford Court - £33,240
4 Richard Ford Court - £33,300
5 Richard Ford Court - £33,120
7 South Lawn Terrace - £31,140
Bills
The landlord pays all bills, they currently are circa per property
Water £800 per year
Gas/electric £1260 per year
Council Tax £1909 per year
Broadband £360 per year
Freehold, Management Company And Extra Information
The owner is selling
- The freehold to each building and associated parking area
- The management company which is with Nethercott Place.
Furniture
All Furniture will be sold with the property.
Agents Notes
These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: The vat position relating to the property may change without notice.