Multiple Locations, Yorkshire | Investment Property for Sale | VES-POR-630

Rare opportunity to buy a highly stabilised 39 unit income generating residential property portfolio

£3,795,000

39 Unit Portfolio

VES-POR-630

INITIAL INVESTMENT

£1,728,720

GROSS RENT / YIELD

£235,212 / 6.2%

NET RENT / YIELD

£170,841 / 4.5%

The portfolio

TENURE

Freehold

NO OF UNITS

39

TENANCY STATUS

Tenanted

FURNISHED

No

TOTAL SQ FT

40,347

PRICE SQ FT

£94

Principally located in and around South Yorkshire

  • 34 houses and 5 bungalows
  • 28 x South Yorkshire
  • 6 x West Yorkshire
  • 3 x East Riding of Yorkshire
  • 2 x North Yorkshire

Tenancy Details

  • Tenancy Type: ASTs
  • Low Voids
  • Long-term tenants
  • Average tenancy is over 4 years

Please contact us for

  • Portfolio Financial Breakdown
  • Unit details
  • EPCs for all units
  • Available Documentation
  • Request a viewing or further details

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.

Financials

Rental Income

GROSS RENT PER ANNUM

£235,212

Equivalent of £19,601 per calendar month (PCM).

GROSS RENTAL YIELD

6.2%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£170,841

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

4.5%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£64,371

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

Disclaimer

This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.

About South & West Yorkshire

South Yorkshire

South Yorkshire is a metropolitan county in the north of England that consists of four metropolitan boroughs Barnsley, Doncaster, Rotherham and Sheffield. This county lies on the east side of the Pennines, it borders Derbyshire to the west and south-west, West Yorkshire to the north-west, North Yorkshire to the north, the East Riding of Yorkshire to the north-east, Lincolnshire to the east and Nottinghamshire to the south-east.

The area is serviced by Doncaster Sheffield Airport, one of the two airports in Yorkshire. It is located 3 miles south-east from Doncaster town centre and 19 miles east of Sheffield. This airport operates to many domestic and European locations and is the 15th busiest airport in the UK.

West Yorkshire

West Yorkshire is a metropolitan county in the north of England. It is made up of five metropolitan boroughs which are the City of Bradford, Calderdale, Kirklees, City of Leeds, and City of Wakefield. This county is bordered by Derbyshire to the south, Greater Manchester to the south-west, Lancashire to the north-west, north Yorkshire to the north and east and south Yorkshire to the south and south-east.

West Yorkshire is home to Leeds Bradford Airport, situated 6.9 miles northwest of Leeds city centre and 9.2 miles from Bradford City Centre. It is the largest airport in Yorkshire and serves the cities of Leeds and Bradford as well as the surrounding areas.

This region is historically associated with several traditional industries. Leeds, Bradford and Halifax mostly associated with the development of woollen mills and other coal mining areas. In more contemporary times Leeds has attracted investment from several financial institutions in an attempt to transform the city in to the financial centre it is recognised as today. Many banks, building societies and insurance companies have offices across the city centre of Leeds. Wakefield has established itself as a centre for service-based industries, in particular call centres can be found in this city employing huge numbers of locals. In addition, two of the major four supermarkets are from West Yorkshire, these being Morrisons that is based in Bradford and Asda which is based in Leeds.

What makes us different?

Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.

Benefits include:

  • Buy tenanted property
  • Huge choice for all budgets
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