Sold

Middlesbrough – Broken opportunity comprising 26 unsold units and 47 units subject to long leases

Cambridge Square, Middlesbrough, TS5 5PG

Offers in excess of £1,600,000

Property Type:
Residential
Sub Types:
Block of Flats, Multiple Houses
Tenure:
Freehold

Description

  • Freehold and Head Leasehold investment opportunity
  • Comprising a total of 73 properties
    • 47 units sold subject to long leases
    • 26 unsold (7 houses and 19 self-contained flats)
  • Estimated Gross Rental Value (fully let): £180,000 per annum
  • Gross Yield: 11.3% (if fully let)