House For Sale £799,995
* PORTFOLIO FOR SALE WITH DEVELOPMENT OPPORTUNITY STPP * Westwood Leber are delighted to bring to the market a fantastic portfolio including three one bedroom properties within a period townhouse positioned perfectly in the heart of Hertford and just a moments walk from Hertford North train station. Sale will include the freehold to this exclusive collection of properties providing excellent asset management and break up opportunities at a discount to the VPV as well as an opportunity to convert the large basement into another flat stpp.
A purchase at this level would reflect a gross initial yield of 4.8% (based upon existing rent which haven't been increased in recent times) and 6% (based upon ERV). *The current yield and ERV does not account for the capital growth considering the development opportunity would add another one bedroom basement apartment.*
A purchase at this level would reflect a gross initial yield of 4.8% (based upon existing rent which haven't been increased in recent times) and 6% (based upon ERV). *The current yield and ERV does not account for the capital growth considering the development opportunity would add another one bedroom basement apartment.*
