Nationwide | Investment Property for Sale | VES-HD6-002

Opportunity to purchase a nationwide portfolio generating £487,716 rent pa & gross yield of 6.1%

£8,021,500

75-unit Portfolio

VES-HD6-002

INITIAL INVESTMENT

£2,322,520

Based on

deposit: £2,005,375

stamp duty: £240,645

mortgage fees: £1,500

conveyancing fees: £75,000

GROSS RENT

£487,716

GROSS YIELD

6.1%

ADD TO FAVOURITES

Sold STC

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The portfolio

TENURE

Freehold

NO OF UNITS

75

TENANCY STATUS

Tenanted

FURNISHED

No

TOTAL SQ FT

65,736

PRICE SQ FT

£122

Portfolio Summary

The portfolio consists of:

  • 67 x freehold houses
  • 2 x freehold bungalows
  • 3 x leasehold flats
  • 2 x leasehold bungalows
  • 1 x leasehold house

Locations

Spread over 16 towns in West Yorkshire and County Durham:

  • West Yorkshire (68 properties)
  • County Durham (7 properties)

Available on request

  • Portfolio Breakdown
  • EPC's for all units
  • Unit Documentation
  • Unit Leasehold Details

Floorplans

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

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About West Yorkshire & Durham

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.

County Durham

Durham is a county in the north east of England, bordering Tyne & Wear to the north-east, Northumberland to the north, Cumbria to the west and North Yorkshire to the south. The county town is the cathedral city of Durham and the largest settlement Darlington.

County Durham’s economic history centred around the growth of the mining industry and agriculture. In recent years the main sources of industry are associated with Agriculture, hunting, forestry, Industry including energy and construction and finally service activities. This county is also home to the third oldest university in the country; Durham university.

What makes us different?

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

Benefits include:

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Questions?

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

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