Sold

Harrogate – Fully Let Unbroken Freehold comprising 14 self-contained flats

The Lodge Mews, Burnt Yates, Harrogate, North Yorkshire, HG3 3EG

Offers in excess of £1,100,000

Property Type:
Residential
Sub Type:
Block of Flats
Tenure:
Freehold

Description

  • Unbroken Freehold block comprising 14 self-contained flats
  • 12 x one beds, 1 x studio and 1 x two bed
  • All flats benefit from their own entrances and the majority are duplex flats over two storeys
  • Fully let achieving a current rent reserved of £84,372 per annum
  • 12 flats recently refurbished
  • Opportunity to increase rents
  • Strong rental history
  • Idyllic location 5.5 miles from the affluent town of Harrogate
  • Gross Yield of 7.7%
  • Offers in excess of £1,100,000 are invited subject to all existing tenancies, subject to contract

Subject to contract