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Lime Kiln Northgate End 15 Unit Apartment Building $6,288,050 ($419,203/Unit) Bishop's Stortford
Investment Highlights
- 15 High Specification Residential Apartments With Ground Floor Offices.
- 6 No 1 Bedroom Apartments.
- 8 No Parking Spaces.
- 4,000 Sq Ft GIA Offices - Current Income £45,000 Per Annum Approx.
- 9 No 2 Bedroom Apartments.
Executive Summary
Four storey building in prominent location comprising approx 4000 sq ft offices at ground floor with 15 residential apartments over three floors above. 6 x 1 bed, 9 x 2 bed. 8 parking spaces.
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$59,571
|
$3.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$59,571
|
$3.97
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $59,571 |
| Annual Per SF | $3.97 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $59,571 |
| Annual Per SF | $3.97 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
| Price | $6,288,050 | Apartment Style | Mid-Rise |
| Price Per Unit | $419,203 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.06 AC |
| Tenure | Freehold | Building Size | 15,000 SF |
| No. Units | 15 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment |
| Price | $6,288,050 |
| Price Per Unit | $419,203 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.06 AC |
| Building Size | 15,000 SF |
| No. Stories | 4 |
| Year Built | 2022 |
Amenities
Unit Amenities
- Storage Space
Site Amenities
- 24 Hour Access
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Lime Kiln | Northgate End
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