19 BEDROOM PROPERTY FOR SALE IN 19 APARTMENTS-5% RENTAL YIELD, 10 YR GUARANTEE,
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Wednesday, July 12, 2023 at 6:20:13 AM Coordinated Universal Time
International
United Kingdom England UK, Birmingham UK, London
Description
£14,500,000
Key features
- Block of Apartments
- 10 Year Guaranteed Rental Investment Property
- 5% Net Rental Yield
- Council Tax Band E - £1,056.16 pa
- 19 Serviced Apartments
- One of Londons Newest & Most Attractive Development Sites
- Completion Set For March 2023
- £727,080 Guaranteed Rental Income With Serviced Apartment Provider
- Uniquely Investment Opportunity
- No Service Charge / No Bills / No Void Periods
Property description
Tenure: Freehold
LUXURY NEW DEVELOPMENT OF 19 SERVICED APARTMENTS WITH 10 YEAR GUARANTEED RENTAL INCOME OF £727,080 P.A / 5% NET YIELD.
DESCRIPTION
Homesearch are pleased to present unique opportunity to acquire a ready made, hands off investment with a rental yield of 5%, guaranteed rental income of £727,080 p.a, net for 10 years.
The development boasts 19 superbly designed and laid out serviced studios, being sold subject to a 10 year lease to a well established serviced accommodation provider who has guaranteed an income of £727,080 per annum for all apartments within the development. This presents a unique opportunity investors, as there are no service charges or monthly bills incurred by the landlord.
Completion is set for March 2023 for these stunning apartments.
LOCATION
The property is conveniently positioned in highly sought after central London location.
A walk to Victoria Underground Station takes no more than 5 minutes, a luxury many commuting professionals will highly appreciate. Additionally, Victoria Station is one of the best-connected train stations in London - Three London Underground lines run through Victoria: The Victoria, District and Circle Lines, and connects Victoria with other mainline train stations such as Euston, King's Cross, St Pancras, Liverpool Street, Marylebone and Paddington. This level of convenience cannot be offered by many other developments in Central London
VIEWINGS
Please contact Homesearch for viewings
DESCRIPTION
Homesearch are pleased to present unique opportunity to acquire a ready made, hands off investment with a rental yield of 5%, guaranteed rental income of £727,080 p.a, net for 10 years.
The development boasts 19 superbly designed and laid out serviced studios, being sold subject to a 10 year lease to a well established serviced accommodation provider who has guaranteed an income of £727,080 per annum for all apartments within the development. This presents a unique opportunity investors, as there are no service charges or monthly bills incurred by the landlord.
Completion is set for March 2023 for these stunning apartments.
LOCATION
The property is conveniently positioned in highly sought after central London location.
A walk to Victoria Underground Station takes no more than 5 minutes, a luxury many commuting professionals will highly appreciate. Additionally, Victoria Station is one of the best-connected train stations in London - Three London Underground lines run through Victoria: The Victoria, District and Circle Lines, and connects Victoria with other mainline train stations such as Euston, King's Cross, St Pancras, Liverpool Street, Marylebone and Paddington. This level of convenience cannot be offered by many other developments in Central London
VIEWINGS
Please contact Homesearch for viewings
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