Other To Let, Carrville
3 photos
£83,333 / month
£1,000,000 pa
Carrville, DH1 2AA
Type
Other
Status
Available
Size
13,728 sq ft
Property Details
17 flats available but way of a 999 year long leasehold at a peppercorn ground rent.
Comprises two blocks.
All flats are two bedroom.
Producing an annual income of £81,864 with two vacant flats.
Break up potential.
Rental growth to be capitalised on.
Offers in the region of £1,150,000 (one million one hundred and fifty thousand pounds) are invited for the long leasehold interests. This represents a low capital value of £83.83 psf, which is lower than replacement cost.
Comprises two blocks.
All flats are two bedroom.
Producing an annual income of £81,864 with two vacant flats.
Break up potential.
Rental growth to be capitalised on.
Offers in the region of £1,150,000 (one million one hundred and fifty thousand pounds) are invited for the long leasehold interests. This represents a low capital value of £83.83 psf, which is lower than replacement cost.
Location
LCP Management Ltd
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LCP Management Ltd