Nationwide | Investment Property for Sale | VES-HX1-001

Opportunity to purchase a ready-made nationwide portfolio with the potential to generate £203,340 rent pa

£3,130,000

20 unit Portfolio

VES-HX1-001

INITIAL INVESTMENT

£910,500

Based on

deposit: £782,500

stamp duty: £106,500

mortgage fees: £1,500

conveyancing fees: £20,000

GROSS RENT

£186,300

GROSS YIELD

6.0%

ADD TO FAVOURITES

The portfolio

TENURE

Leasehold

NO OF UNITS

20

TENANCY STATUS

Tenanted

FURNISHED

Part and part

TOTAL SQ FT

11,440

PRICE SQ FT

£274

GROUND RENT

£3,625

SERVICE CHARGE

£16,372

This is a unique opportunity to purchase a ready-made nationwide portfolio.

The vendor is also open to selling individual units, for which we have marketing photos and floorplans available upon request.

Portfolio information

Made up of 20 units comprising:

  • 9 x 2-bed leasehold apartments
  • 7 x 1-bed leasehold apartments
  • 1 x 4 unit freehold block comprising of:
    • 3 x 2-bed apartments
    • 1 x 1-bed apartment

The properties are spread over 7 counties as follows:

  • 1 x London
  • 6 x Hampshire
  • 3 x Herefordshire
  • 3 x Lancashire
  • 4 x Lincolnshire
  • 3 x West Yorkshire

Rental income

  • Rent currently received: £15,525 pcm (£186,300 pa = 6.1% gross yield)
  • Estimated rental value: £16,945 pcm (£203,340pa = 6.7% gross yield)
  • 18 out of the 20-units are tenanted (90% occupancy rate)

Available upon request

  • Portfolio breakdown
  • EPCs for all units
  • Photos for all units
  • Floorplans for all units

Note

Please note that Vesta has not visited the properties and that all material has been provided by the vendor.

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 Greater London, Hampshire, Herefordshire, Lancashire, Lincolnshire, West Yorkshire

Greater London

Greater London is a ceremonial county in England and is made up of the 32 London boroughs and the City of London. The City of London is actually the smallest city in England, it only covers 1.2 square miles, whilst the population of Greater London is estimated to be greater than 8.7 million. The Mayor of London alongside the London Assembly is responsible for the strategic government of Greater London. As well as being the home to the Palace of Westminster London is also an important cultural and historical centre with over 170 museums.

Hampshire

Hampshire is a county in the south of England and its county town is the city of Winchester. Apart from Southampton and Portsmouth, which also lie in Hampshire and are unitary authorities, the county is made up of 11 districts. Hampshire is one of the most affluent counties, having a lower than national average unemployment rate. The local economy benefits from major companies such as IBM, which has research and development laboratories as well as its headquarters in the county. Other industries include maritime, agriculture and tourism. The county’s tourist attractions include several seaside resorts, national parks and Southampton Boat Show. Hampshire is also the home to Southampton Airport, which lies around 4 miles outside of Southampton. It offers regular scheduled and chartered services to other destinations within the UK, as well as seasonal charters to Geneva and Palma de Mallorca.

Herefordshire

Herefordshire is county in the West Midlands and is bordered by Shropshire in the north, Worcestershire in the east, Gloucestershire in the south and Monmouthshire and Powys in the west. The county town is Hereford, which is also a cathedral city and the county’s largest settlement. Hereford is located in the historic Welsh Marches and is one of the most rural and sparsely populated counties in England. It is well known for its fruit and cider production, including producers Weston and Bulmers, and the Hereford cattle breed.

Lancashire

Lancashire is a ceremonial county in the north west of England and its administrative centre is Preston. Today it borders Cumbria in the north, Greater Manchester and Merseyside to the south and North and West Yorkshire to the east and the Irish Sea to the west. Lancashire is made up of 12 districts, which include City of Preston, City of Lancaster, Burnley and Blackpool. Historically Lancashire was a major centre for industries such as coal mining, textile production (cotton), and fishing. Since 2013 the largest private sector industry is defence with BAE Systems Military Air solutions based here. Other defence companies include BAE Systems Global Combat Systems, Ultra Electronic and Rolls-Royce. Other large companies in Lancashire include Crown Paints, Enterprice plc, Holland Pies, Thwaites Brewery and Fisherman’s Friend.

Lincolnshire

Lincolnshire is county in the east of England, along the coastline on the North Sea. It borders with Norfolk and Cambridgeshire to the south, Rutland to the south-west, Leicestershire and Nottinghamshire to the west, South Yorkshire to the north-west and East Riding of Yorkshire to the north. It also has England’s shortest county border, 19m in the south with Northamptonshire. There are 7 districts in Lincolnshire plus the two unitary districts of North Lincolnshire and North East Lincolnshire. The local economy is predominantly agricultural. The administrative headquarter is Lincoln, also a cathedral city.

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.

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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.

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