Scholes Lane - Victoria Apartments 21,801 sq ft Specialist Building Offered at £3,650,000 at a 7.65% Net Initial Yield in St Helens WA10 3NU

Built in 2024, a modern development of 30 residential units ranging from 1 bed to 3 bed apartments.
Well located development, within a 1 minute drive to two primary schools, a 2 minute drive (0.3 mile) to Thatto Heath train station and equidistant to St Helens Hospital and Whiston Hospital.
Well specified development with modern features, a passenger lift to all floors and undercroft surfaced car parking.
Fully let on Assured Shorthold Tenancies (AST) producing a total rental income of £279,180 per annum.
Strong occupier demand – all units were leased off-plan prior to build completion and there is ongoing demand.
Freehold.
The property is owned in an individual SPV and the transaction can be either a property or company acquisition to suit. Savings can be made on the company acquisition.