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Hertfordshire Portfolio For Sale

Guide Price
£4,000,000

Business rates & charges may apply

Westwood Leber Commercial, Hertfordshire
SIZE

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SECTOR

Commercial property for sale

Description

DESCRIPTION
** PORTFOLIO FOR SALE WITH DEVELOPMENT OPPORTUNITY STPP ** Westwood Leber are delighted to bring to the market a fantastic portfolio in Essex comprising 7 residential properties within a stunning Grade II listed conversion made up of 9 luxury apartments. Sale will include the freehold to this exclusive development providing excellent asset management and break up opportunities at a significant discount to the VPV as well as a plot of land perfect for further development stpp.

A purchase at this level would reflect a gross initial yield of 4.96% (based upon existing rent) and 6% (based upon ERV). **The current yield and ERV does not account for the capital growth considering the development opportunity.**

Hertfordshire Portfolio For Sale

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rye House Station0.9 miles
  • Broxbourne Station1.0 miles
  • St. Margarets (Herts) Station1.9 miles

Notes

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Disclaimer - Property reference 103000000836. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Westwood Leber Commercial, Hertfordshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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