Sold

Sunderland – Freehold Residential Investment comprising 42 flats

Watts Moses House, Sunderland, SR1 2BX

Offers in excess of £1,450,000

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

Description

  • Freehold
  • 41 x one bed and 1 x studio
  • 39 flats subject to Assured Shorthold Tenancies. Three flats currently vacant.
  • Total Current Gross Rent Reserved: £166,080 per annum
  • Estimated Gross Rental Value (if fully let): £178,920 per annum
  • Offers are invited in excess of £1,450,000 subject to all existing tenancies, subject to contract
  • Gross Yield: 12.3% (if fully let)