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INVESTMENT HIGHLIGHTS
- Freehold Supported Living Investment
- Comprising 4 self-contained flats
- Subject to annual CPI linked reviews
- Six Week Completion Available
- Well located in an affluent town
- Entirely let on a lease expiring 2047
- VAT is not applicable
- Investment let at £89,100 p.a. (10.18% GIY on Guide Price)
EXECUTIVE SUMMARY
Lot 86 is available for sale at Savills' to be held on 2nd July 2025.
The property comprises an investment.
The asking price is £875,000 representing a gross initial yield of 10.18%.
The property is arranged over ground and one upper floor to provide 4 purpose built and self-contained flats, each comprising one bedroom, wet room (2 flats are en-suite) & kitchen/diner/lounge. The property benefits from a bike store at ground floor as well as staff office and WC. Notes on the conversion The building was stripped back and converted in 2024, to include a new roof, solar panels and all new windows and doors plus infrared heating for efficiency and safety. The property benefits from a 10 year building warranty with ICW.
The property comprises an investment.
The asking price is £875,000 representing a gross initial yield of 10.18%.
The property is arranged over ground and one upper floor to provide 4 purpose built and self-contained flats, each comprising one bedroom, wet room (2 flats are en-suite) & kitchen/diner/lounge. The property benefits from a bike store at ground floor as well as staff office and WC. Notes on the conversion The building was stripped back and converted in 2024, to include a new roof, solar panels and all new windows and doors plus infrared heating for efficiency and safety. The property benefits from a 10 year building warranty with ICW.
PROPERTY FACTS Sale Pending
Sale Type
Investment or Owner Occupier
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Size
2,312 sq ft
Costar Property Class
B
Year Built
1970
Price
£875,000
Price per sq ft
£378.46
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,156 sq ft
Floor To Floor Height
10 ft
Plot ratio
1.33
Total Plot Size
0.04 ac
AMENITIES
- 24 Hour Access
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Af Hr
- -
- 1,216 sq ft
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Af Hr | - | 1,216 sq ft | - | - |
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67A Holly Rd
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