Offers In Excess Of £4200000 GBP
ESTABLISHED BUSINESS/PROPERTY PORTFOLIO FOR SALE!
A unique opportunity to acquire a ready-made fully tenanted residential investment property portfolio comprising 89 units located in Central Scotland generating £627,600 rent pa & gross yield of approximately 7%.
AMAZING RESULTS!™ Estate Agents are delighted to offer to the market a rare opportunity to acquire a well established portfolio of 89, one, two, three and four bedroomed residential units generating excellent profits situated throughout Edinburgh, the Lothians and Fife.
This business offers a superb opportunity for a new owner to gain a 17 year established central Scotland property portfolio of 89 units that has been built up into an extremely profitable and easy to run company.
* HIGH QUALITY RENTAL PORTFOLIO IN LOCATIONS EXPERIENCING STRONG POPULATION AND EMPLOYMENT GROWTH.
* 89 PROPERTIES COMPRISING:
* EDINBURGH – 36 PROPERTIES.
* WEST LOTHIAN – 20 PROPERTIES
* FIFE – 33 PROPERTIES
* FULLY LET – TOTAL CURRENT GROSS RENT: £627,600 PER ANNUM
* SIGNIFICANT ASSET MANAGEMENT OPPORTUNITIES INCLUDING EXTENTIONS (subject to obtaining all necessary consents), REFURBISHMENT, RENTAL ENHANCEMNT AND PIECEMEAL BREAK-UP.
* THE PORTFOLIO PROVIDES AFFORDABLE ACCOMMODATION WITHIN AREAS OF HIGH DEMAND.
* THE AVERAGE UNIT VALUE IS £100,550.
* EXCELLENT PROFITS AND POTENTIAL FOR SIGNIFICANT GROWTH.
Ready-made, self managed central Scotland property portfolio offering an exceptional and lucrative investment opportunity for cash buyers and mortgage investors. The company is managed by the existing directors who are willing to assist the successful buyer with a hand over period. All properties are rented out to individuals and or families with no students and a proportion of the properties held have rents guaranteed. None of the properties held within the portfolio are subject to HMO licensing requirements.
Offers are invited in excess of £4,200,000 for the portfolio in its entirety, subject to all existing tenancies, subject to contract. The current estimated value of the properties held within the portfolio is stated in the region of £9,000,000.
This is a fantastic business opportunity perfectly positioned to grow and expand, that is not to be missed. To express an interest in this business please contact Ken Anderson at AMAZING RESULTS!™for further details! 07585 184793.
These property details are set out as a general outline only and do not constitute any part of an Offer or Contract.
Please note that AMAZING RESULTS!™ has not visited the properties and that all material has been provided by the vendor.
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(Property Ref: 15557330)