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Lime Kiln Northgate End 15 Unit Apartment Building £4,750,000 (£316,667/Unit) Bishop's Stortford
INVESTMENT HIGHLIGHTS
- 15 High Specification Residential Apartments With Ground Floor Offices.
- 6 No 1 Bedroom Apartments.
- 8 No Parking Spaces.
- 4,000 Sq Ft GIA Offices - Current Income £45,000 Per Annum Approx.
- 9 No 2 Bedroom Apartments.
EXECUTIVE SUMMARY
Four storey building in prominent location comprising approx 4000 sq ft offices at ground floor with 15 residential apartments over three floors above. 6 x 1 bed, 9 x 2 bed. 8 parking spaces.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£45,000
|
£3.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£45,000
|
£3.00
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | £45,000 |
| Annual Per sq ft | £3.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £45,000 |
| Annual Per sq ft | £3.00 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
PROPERTY FACTS
| Price | £4,750,000 | Apartment Style | Mid-Rise |
| Price Per Unit | £316,667 | Costar Property Class | B |
| Sale Type | Investment | Total Plot Size | 1.06 ac |
| Tenure | Freehold | Property Size | 15,000 sq ft |
| No. Units | 15 | No. Floors | 4 |
| Property Type | Build-to-Rent | Year Built | 2022 |
| Property Subtype | Apartment |
| Price | £4,750,000 |
| Price Per Unit | £316,667 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Units | 15 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 1.06 ac |
| Property Size | 15,000 sq ft |
| No. Floors | 4 |
| Year Built | 2022 |
AMENITIES
UNIT AMENITIES
- Storage Space
SITE AMENITIES
- 24 Hour Access
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STREET VIEW
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Lime Kiln | Northgate End
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