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Shanock House 1 Ashley Rd 10 Unit Apartment Building £1,830,000 (£183,000/Unit) 6.12% Net Initial Yield New Milton BH25 6BA
Investment Highlights
- 10 self-contained apartments
- Lift access to all floors
- Located in New Milton Town Centre, overlooking the High Street
Executive Summary
Shanock House offers investors the opportunity to acquire a fully let freehold residential block in the heart of New Milton Town Centre. The property provides a strong quoted net initial yield of 6.12% and benefits from an established rental profile, modern apartment specifications, and excellent proximity to local amenities and transport links. The asset is suitable for investors seeking secure income with long-term capital growth potential in a well-established South Coast location.
Property Facts
| Price | £1,830,000 | Property Subtype | Apartment |
| Price Per Unit | £183,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Costar Property Class | C |
| Yield | 6.12% | Property Size | 9,998 sq ft |
| Tenure | Freehold | No. Floors | 3 |
| No. Units | 10 | Year Built | 2010 |
| Property Type | Build-to-Rent |
| Price | £1,830,000 |
| Price Per Unit | £183,000 |
| Sale Type | Investment |
| Yield | 6.12% |
| Tenure | Freehold |
| No. Units | 10 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Property Size | 9,998 sq ft |
| No. Floors | 3 |
| Year Built | 2010 |
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Shanock House | 1 Ashley Rd
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