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East Parade Parade Apartment Building $1,133,454 11.10% Cap Rate Harrogate HG1 5LQ
Investment Highlights
- WC & Kitchen facilities
- Versatile use
- Natural light
Executive Summary
INVESTMENT - Victorian mid terrace containing 2 self-contained bedsits & 10 additional bedsits, with a current annual income of £94,200 which equates to a yield of 11.1% based upon the asking price.
Fully let & income producing
IDEAL INVESTMENT BUY
2 self-contained bedsits
10 additional bedsits
4 shower rooms & 2 WC's
All mains services are connected to the property.
An opportunity to acquire a Victorian mid terrace property over four floors containing two self-contained bedsits, ten additional bedsits with four shower rooms and two additional WC's.
The properties are fully let and income producing, with a current annual income of £94,200 which equates to a yield of 11.1% based upon the asking price, therefore making this an ideal investment opportunity.
Tenancy information per calendar month:
Flat 1 - £750
Flat 2 - £750
Flat 3 - £625
Flat 4 - £625
Flat 5 - £625
Flat 6 - £625
Flat 7 - £650
Flat 8 - £625
Flat 9 - £625
Flat 10 - £625
Flat 11 - £700
Flat 12 - £625
Total - £7,850
Tenure: Freehold.
Fully let & income producing
IDEAL INVESTMENT BUY
2 self-contained bedsits
10 additional bedsits
4 shower rooms & 2 WC's
All mains services are connected to the property.
An opportunity to acquire a Victorian mid terrace property over four floors containing two self-contained bedsits, ten additional bedsits with four shower rooms and two additional WC's.
The properties are fully let and income producing, with a current annual income of £94,200 which equates to a yield of 11.1% based upon the asking price, therefore making this an ideal investment opportunity.
Tenancy information per calendar month:
Flat 1 - £750
Flat 2 - £750
Flat 3 - £625
Flat 4 - £625
Flat 5 - £625
Flat 6 - £625
Flat 7 - £650
Flat 8 - £625
Flat 9 - £625
Flat 10 - £625
Flat 11 - £700
Flat 12 - £625
Total - £7,850
Tenure: Freehold.
Property Facts
| Price | $1,133,454 | Building Class | C |
| Sale Type | Investment | Building Size | 1,995 SF |
| Cap Rate | 11.10% | No. Stories | 4 |
| Tenure | Freehold | Year Built | 1910 |
| Property Type | Multifamily | Tenancy | Single |
| Property Subtype | Apartment |
| Price | $1,133,454 |
| Sale Type | Investment |
| Cap Rate | 11.10% |
| Tenure | Freehold |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 1,995 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Tenancy | Single |
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East Parade Parade
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