Full Description
- Collection of 4x One Bedroom Maisonettes and 2x Two Bedroom Maisonettes
- Ready Made Business with Guaranteed Income
- Attention Investors!
- Ground Floor Maisonettes Benefit from Own Gardens
- Allocated Parking Space for Each Maisonette
- Communal Bicycle & Bin Store
ATTENTION INVESTORS!! Are you looking to expand your property portfolio? Perhaps you are wishing to start a property business but do not know how to start? Hands up who wants to have a ready made business with guaranteed income from the outset? If any of these sounds like you, then take a look at this opportunity.
This is a collection of 4x one bedroom maisonettes and 2x two bedroom maisonettes. All the ground floor maisonettes benefit with having own gardens and all maisonettes have an allocated parking space on the driveways in front of the properties. All maisonettes have long leases of approximately 980 years remaining, to be confirmed via Solicitors at time of purchase. There is a communal bicycle and bin store.
There is a two year contract in place with a Housing Association who are the main providers for Stratford District Council, expiring January 2024. The contract is for a maintenance and repair lease with an option to extend after the initial 2 years. The collective properties generate an income of £30,000 per annum. Therefore, no void periods and no letting agency fees.
For anyone wishing to obtain the freehold, this can be discussed separately.
For more information, please contact the branch.
Mains Electric, Water & Drainage
