37 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Block of 32 Apartments for sale
- Unbroken Freehold
- Currently achieving 6.06% yield but potential to increase to 7.3%
- All rental figures available upon request
- Central location
Presenting a rare investment opportunity, this unbroken freehold block of 32 apartments is now available for sale. Situated in a highly sought-after central location, this property boasts tremendous potential for investors.
Comprising a mix of apartment types, the block includes five spacious 2-bedroom flats, ten cosy 1-bedroom flats, and seventeen well-appointed studio apartments. This diverse range of units offers a lucrative rental yield, with the block currently achieving an impressive 6.06%. However, savvy investors can see the potential to increase this yield to 7.3%, making this offering a truly attractive option in today's market.
For the astute investor seeking a secure and profitable addition to their portfolio, this block of apartments presents an ideal opportunity. With the ability to provide all relevant rental figures upon request, prospective buyers can make informed decisions about the income potential of this property.
The prime central location further enhances the appeal of this investment, offering convenience and accessibility to a range of amenities, transport links, and leisure facilities. Residents will enjoy the vibrant surroundings and easy access to everything the area has to offer, ensuring high demand for rental units in this desirable location.
In conclusion, this block of 32 apartments represents a rare chance to acquire a secure investment with excellent income potential. Whether you are a seasoned investor looking to expand your portfolio or a newcomer seeking a profitable venture, this property is sure to impress with its solid returns and prime location. Don't miss out on this unique opportunity to secure a piece of prime real estate in a thriving urban setting.
Rooms
Parking - Off street
Places of interest
See more properties like this:
*DISCLAIMER
Property reference d7ee3444-6819-4426-9c70-cbdc5824191b. 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 Jordan Marks Estates - Christchurch.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on August 5, 2023
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
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.