Other To Let, Newton Hall
3 photos
£62,500 / month
£750,000 pa
Newton Hall, DH1 5LX
Type
Other
Status
Available
Size
7,341 sq ft
Property Details
14 flats available but way of a 999 year long leasehold at a peppercorn ground rent.
10 two beds, 2 one beds and 2 studios.
Fully occupied.
Producing an annual income of £75,900.
Break up potential.
Rental growth to be capitalised on.
Offers in the region of £750,000 (seven hundred and fifty thousand pounds) are invited for the long leasehold interests. This represents a low capital value of £102 psf, which is lower than replacement cost.
10 two beds, 2 one beds and 2 studios.
Fully occupied.
Producing an annual income of £75,900.
Break up potential.
Rental growth to be capitalised on.
Offers in the region of £750,000 (seven hundred and fifty thousand pounds) are invited for the long leasehold interests. This represents a low capital value of £102 psf, which is lower than replacement cost.
Location
LCP Management Ltd
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LCP Management Ltd