For Sale

Howden – Portfolio of 15 neighbouring flats and houses in popular market town, with excellent motorway connections

Offers in excess of £1,000,000

Property Types:
Portfolio, Residential
Sub Types:
Multiple Flats, Investment, Multiple Houses
Tenure:
Freehold

Description

  • Freehold
  • Portfolio of 15 neighbouring flats and houses, arranged as: 6 x one bedroom units and 9 x two bedroom units
  • Well located in the popular market town of Howden, East Yorkshire; only 20 miles from York city centre
  • Excellent transport connections, being just 1 mile from the M62 motorway
  • Currently 100% let, producing an income of £77,520 per annum
  • Potential to increase income to an Estimated Rental Value (ERV) of £84,000 per annum
  • An asking price offer of £1,000,000 reflects a Gross Yield of 8.4% (based upon the ERV)

Subject to contract