Billionaire Network presents a unique investment opportunity in a high-yield, fully tenanted property in Cambridge. This exclusive offering involves the acquisition of an income-generating block with the potential for significant value-add through permitted development rights.
PROPERTY DETAILS:
- Location: Confidential, Cambridge area
- Type: Mixed (Studio & 1 Bedrooms)
- 15 apartments (1 – 2 Bedroom, 9 – 1 Bedroom, 5 – Studio Apartments)
- Current Yield: 4.33% NET (Potential to Increase even higher)
- Tenancy: Fully Tenanted, leases expiring over the next 12 months
- Market Potential: Rents currently below market value, offering asset management and development opportunities.
INVESTMENT HIGHLIGHTS:
- Price: £4,395,000
- Service Charge: Approx. £1.5 per sq. ft.
- Ownership: Freehold available
- Development Potential: Plans to add 3 x 1-bedroom apartments, enhancing revenue potential.
- Financials: Attractive current rent with expected increase upon renewal; finance options available
COMPLETION AND MARKETING:
- Status: Completed property
- Marketing Materials: Detailed visuals and plans available upon request.
COMMISSIONS AVAILABLE TO ANYONE FOR SUCCESSFUL CLOSURE
For more information please contact us ASAP