Block of Flats for sale in South East, England

Build-to-Rent in South East, England available for sale

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More details for Alderney, Guernsey - Build-to-Rent for Sale

The Arsenal Estate - Alderney

Guernsey, GY9 3YQ

Build-to-Rent for Sale
£2,950,000
8,568 sq ft

Security System
Key Fob Entry
Smoke Detector

Guernsey Build-to-Rent for Sale

The 38 vergee site comprises various commercial and residential buildings known as The Arsenal and accessible via a large stone gate house into the walled Estate. Mount Hale House, Block D, Albert Chambers and a row of garages are all arranged around a large central courtyard forming the main hub of the Estate. Victoria House, the Guard House, Arches, the squash court and the former Ronez tarmac plant make up the remainder as can be seen from the site plan and aerial photo. The site is a registered heritage asset within the Longis Common Conservation Area. The site is categorised in the Alderney Land Use Plan 2017 as Opportunity Area 4, which encourages new comprehensive development. A preliminary declaration was recently approved (November 2025) for a mixed-use residential housing scheme for a maximum of 38 dwellings. A Preliminary Declaration establishes that, in principle, on submission of an application with detailed plans then The Building and Development Control Committee (BDCC) would be likely to grant permission for such development. A Preliminary Declaration is valid for a period of three years from the date it was issued.A successful purchaser will be able to apply for full planning consent tailoring any development to their precise requirements with the knowledge that they have full support from the planners. Full details on the successful approval from planning is available in the data room together with a supporting Statement of Heritage Significance. The current total rental income from the Estate is £188,500 per annum. Currently there are no vacant apartments in either; Albert Chambers, Victoria House, Mount Hale House, Block D or the various garages. The rents on the Albert Chambers apartments are subject to annual GRPI uplifts and we consider there is a good opportunity to drive rental performance through negotiation with tenants on the rents for the other elements. The Estate is currently managed by a dedicated management company overseeing and maintaining matters day to day. There is the potential for a purchaser to work with the incumbent regarding any handover on a short term basis. Full accounts for Mount Hale Ltd and Victoria Holdings Limited, the two companies holding the assets, are available in the data room. Initial design proposals have been prepared via a concept scheme produced by architects PF&A which retains all the physical buildings and structures of heritage significance. The vision will deliver on the States of Alderney objective to increase the supply of new housing whilst regenerating an important heritage asset. The prospective development includes two new two storey blocks both with 12 x 1 and 2 bed flats and 14 houses with associated amenity space and parking plus additional potential for a restaurant /community space. The 14 semi-detached houses with private gardens are proposed to be on the former Ronez Tarmac Site. The existing South Garages are to be re-developed to provide a two storey apartment block with each apartment having dedicated parking. The size, tenure and type of accommodation can be designed to suit housing need and visitor accommodation demand. For example, the ground floor flats in what would be Block A could be designed specifically for elderly people. The proposed development includes alterations to the existing Block D into a community or retail use with the modern extensions removed to reveal the original walls. Alternative uses have also been considered. Serviced accommodation provides an alternative to hotel or guest house accommodation. A serviced apartment is a self-contained fully furnished apartment which has housekeeping services and utilities included which is rented for a short or long period of time. Often with on site management team and shared communal facilities. We are instructed to seek unconditional offers in excess of £2,950,000 (Two Million Nine Hundred and Fifty Thousand Pounds), subject to contract and assuming an asset sale. Each party to bear their own costs.

Contacts:

Rock Commercial Property Agents

Hawkesford Commercial

Property Subtype:

Apartment

Date on Market:

29/04/2026

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More details for Prewett Road, Peggs Way, Park Village, Basingstoke - Build-to-Rent for Sale

Block J Commercial Centre - Prewett Road, Peggs Way, Park Village

Basingstoke, RG24 9RG

Build-to-Rent for Sale
£2,400,000
41,550 sq ft

Basingstoke Build-to-Rent for Sale

The property, developed in 2013 comprises a single and three-storey building with the ground floor commercial units benefiting from aluminium framed glazed shop fronts and rear loading. The elevations above Units 1 and 2 incorporating the residential apartments are finished in a combination of red facing brick, white render, and vertical timber cladding, surmounted by a flat roof. The ground floor comprises five retail units let to three tenants providing a total of approximately 9,256 sq ft of retail accommodation with four self-contained flats above which have been sold off on long leases to individuals. There are 16 car parking spaces to the front of the property including two designated EV charging bays. The property has been measured in accordance with the RICS Code of Measuring practice and provides the following approximate floor areas. The property retail element is let to three tenants on effective FRI terms, producing an income of £189,580 per annum subject to 5 yearly open market and RPI rent reviews. Southern Co-Operative Ltd who have recently renewed their lease have underlet Unit 4A to Bombshell Hair and Beauty and Unit 4B to Barnardo’s since 2015. Additionally, there are 2 EV charging bay stations producing £6220 per annum and at first and second floor levels above units 1 and 2 there are four selfcontained flats which have been sold off on long leases to individuals generating ground rents of £940 per annum. The combined income is £196,740 per annum with the retail rents equating to a modest £20.50 per sq ft overall. The interest is freehold. We are seeking offers for our client’s freehold interest of £2,400,000 (Two Million Four Hundred Thousand Pounds) subject to contract and exclusive of VAT reflecting a net initial yield of 7.7% allowing for purchaser’s costs of 6.3%.

Contact:

Whitmarsh Holt Young

Property Subtype:

Apartment

Date on Market:

03/02/2026

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112 Guildford St

Chertsey, KT16 9AH

Build-to-Rent for Sale
£625,000
2,291 sq ft

Chertsey Build-to-Rent for Sale

We are pleased to offer this substantial Freehold comprising a shop unit with three bedroom accommodation spread over three floors, providing an excellent opportunity for an investor/developer or owner occupier.

Contact:

Franklin Commercial

Property Subtype:

Apartment

Date on Market:

01/09/2025

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More details for 99-105 Kings Rd, Reading - Build-to-Rent for Sale

St James Wharf - 99-105 Kings Rd

Reading, RG1 3DD

Build-to-Rent for Sale
£950,000
20,741 sq ft

Security System

Reading Build-to-Rent for Sale

The offices are arranged over ground and first floors and offer a self-contained space with secure parking for up to 6 cars to the rear of the building. The offices form part of the five storey building which comprises an additional 26 flats all of which have been sold on long leases. The freehold of the whole building is part of the existing ownership and a management company is in place to deal with the day to day running of the building. The building is offered for sale together with the freehold interest of 26 apartments which have all been sold on 125 year leases. The freehold includes a small cottage which has also been sold on a long lease. Further details are available on request. We are looking for offers in the region of £950,000

Contact:

Parkinson RE

Property Subtype:

Apartment

Date on Market:

06/03/2023

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More details for La Rue De L'etau, Jersey - Build-to-Rent for Sale

Horizon - La Rue De L'etau

Jersey, JE2 3ED

Retail for Sale
Price Upon Request
2,762 - 3,084 sq ft
3 Units Available

Jersey Build-to-Rent for Sale

The property is located next to Elizabeth Marina. More specifically, the premises are situated off Rue De L’Etau. The Radisson Blu Waterfront Hotel, Aqua splash, Castle Quay, Fitness First and Cineworld are all within close proximity.