6 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Leasehold (99 years remaining)
- *recently refurbished block of 4 flats rental investment opportunity
- *all flats let out on fixed three year guaranteed rent of £52,000/anum showing 8.5% return
- * all flats 99 years, freehold available
- No management costs rental derived from secure government funding
- No agents fees
- * no void periods within the full term
AN OPPORTUNITY TO PURCHASE AN ENTIRE BLOCK OF FLATS IN ONE BUILDING, ALL RECENTLY REFURBISHED. GUARANTEED INCOME OF £52,000/ANUM EQUIVELENT TO 8.5% RETURN. RENTAL INCOME DERIVED FROM GOVERNMENT FUNDING, WITH NO MANAGEMNET COSTS, AND NO AGENT FEES, NO VOID PERIODS THROUGHOUT THE TERM.
ALL COMPLIANCE CERTIFICATES UP TO DATE AND ISSUED.
THE BLOCK IS AVAILABLE TO PURCHASE AS A WHOLE, OR FLATS CAN BE BOUGHT INDIVIDUALLY WITH SAME RENTAL RETURNS.
VIEWING BY APPOINTMENT.
Places of interest
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*DISCLAIMER
Property reference 40cavblock. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Housing Direct - Radlett.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 19, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 19, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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