£750,000 pa
(£102.17/sq. ft. pa)
Property to letResidential Investment Opportunity, Newton Hall, Newton Hall DH1
7,341 sq. ft
Just added
Freehold
About this property
14 flats available but way of a 999 year long leasehold at a peppercorn ground rent.
Offers in the region of £750,000 (seven hundred and fifty thousand pounds) are invited for the long leasehold interests. This represents a low capital value of £102 psf, which is lower than replacement cost.
- 10 two beds, 2 one beds and 2 studios.
- Fully occupied.
- Producing an annual income of £75,900.
- Break up potential.
- Rental growth to be capitalised on.
Offers in the region of £750,000 (seven hundred and fifty thousand pounds) are invited for the long leasehold interests. This represents a low capital value of £102 psf, which is lower than replacement cost.
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