For Sale

Buntingford, Hertfordshire – Residential Investment Opportunity

10-17 Stocking Hill, Cottered, Buntingford, Hertfordshire, SG9 9PY

Offers in excess of £3,100,000

Property Type:
Residential
Tenure:
Freehold

Description

Bu

  • A unique development comprising eight large two bed semi-detached houses
  • Picturesque village location in popular commuter town
  • Eight houses are let subject to ASTs and one house is due to be vacated on 14 September 2021. The total current rent passing is £117,300 per annum reducing to £102,960 per annum
  • Excellent asset management and break-up opportunities
  • No. 14 basement has been converted to provide two additional rooms. This could be implemented in No. 10, 11, 12 and 15
  • No. 16 and 17 also benefit from planning permission for workshop conversion into an additional room
  • Potential for additional dwelling/s, subject to all necessary consents

Offers in excess of £3,100,000 are invited for the Freehold interest, subject to all existing tenancies, subject to contract. A purchase at this level reflects a capital value of £241 psf.

Subject to contract