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CR140-Property Investment Portfolio
Asking Price:
GBP 2100000
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Business Location:
United Kingdom » Others » Humberside
Category:
Real Estate
»
For Lease
Description:
Property Investment Portfolio
56 Residential Properties
Confidentially offered for sale
Ref No: CR140
Location
Humberside
Asking price: £2,100,000
This is a good opportunity to aquire a well established property investment portfolio, the majority of which are located in the Humberside area with two properties situated in West Yorkshire. The 56 properties are all in good order with circa 80% New Build and the other circa 20% having been refurbished to a high standard. There are two Limited company’s plus family owned properties which make up the portfolio of the 56 properties.They also manage 5 other properties which bring in a regular rental income.
There is a healthy mix of 2/3/4 bedroom flats, terraced houses, semi-detached and bungalows which offer a wide choice to prospective tennants. The majority of the properties are regularly occupied with circa 20% used as rentals for contractors who work at the local docks and oil terminal. These contractor properties bring in a higher yield than normal long term rentals.
Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
na
Year Established:
2000
Is Relocatable?:
No
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Reasons for selling:
The owner would like to retire after growing and running the company over the past 28 years
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