For Sale

Sutton Scotney Portfolio – Residential Investment Opportunity

Sutton Scotney Portfolio - Sutton Scotney, Wonston & New Milton

Offers in excess of £4,650,000

Property Type:
Residential
Tenure:
Freehold

Description

  • 20 residential units comprising:
    • 9 houses
    • 9 bungalows
    • 2 bedsits
  • Majority located within the picturesque village of Sutton Scotney
  • One further house in New Milton, Hampshire
  • Majority let with one unit vacant
  • Total passing rent £154,980 per annum
  • Estimated Rental Value of £235,000 per annum (if fully let, subject to ASTs)
  • Significant value add and asset management opportunities
  • The Beeches benefit from planning permission for additional dwelling and loft conversions to 5 units
  • Potential for further additional dwellings, subject to all necessary consents
  • Four units subject to regulated tenancies

Offers in excess of £4,650,000 are invited for the Freehold interest of the portfolio in its entirety, subject to all existing tenancies, subject to contract

Subject to contract