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
<ul>
<li>17 flats available but way of a&nbsp;999 year long leasehold at a peppercorn ground rent.</li>
<li>Comprises two blocks. </li>
<li>All flats are two bedroom.</li>
<li>Producing an annual income of £81,864 with two vacant flats.</li>
<li>Break up potential.</li>
<li>Rental growth to be capitalised on.</li>
<li>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.</li>
</ul>
<li>17 flats available but way of a&nbsp;999 year long leasehold at a peppercorn ground rent.</li>
<li>Comprises two blocks. </li>
<li>All flats are two bedroom.</li>
<li>Producing an annual income of £81,864 with two vacant flats.</li>
<li>Break up potential.</li>
<li>Rental growth to be capitalised on.</li>
<li>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.</li>
</ul>
Location
LCP Management Ltd
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LCP Management Ltd