14 bedroom shared living/flatmate for sale

Overview

INVESTMENT OPPORTUNITY:Wise Court15 Unit Residential Investment Opportunity Current return £112,500pa / 5% yieldPotential return £147,000 / 6.53% yieldBuilt in 2001 Wise court is a private development of 15 apartments, the apartments are all individually tenanted generating a gross annual revenue of £111,900, one apartment is retained by the current owner and will be offered with vacant possession ahead of completion.All tenancies are 12 month AST's with rents on the apartments below current market rates and offer the potential of increasing this yield further.There is huge potential within this development to generate a gross revenue of £147,000 pa and a 6.25% yield.The development is split into 10x self contained one bedroom apartments with a current average rent of £668pm, 5 studio apartments with an average rent of £650pm.The development is currently listed on one title which could be split into individual titles.Council tax Band ALocationBicester North Train Station 0.4 milesBicester Town Centre 0.8 milesBicester Village 1 mileJunction 9, M40/A34 3.3 miles For more details and to contact: https://realtyww.info/rooms_1/for-sale_i70583931

---

Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.