INVESTMENT PORTFOLIO FOR SALE IN A PRIME COASTAL LOCATION
Summary
- A High Quality Residential & Commercial Investment Property Portfolio For Sale
- 84 Properties Located on the Prime Coastal Area of Isle of Wight
- 100% Occupancy, Stable Cashflow & Long Term Tenants
- Opportunities for Significant Rental Growth
Further Information
Price Offers in excess of £14,750,000
Description
84 Properties all located on the Isle of Wight comprising of the following:
• Residential - 76 Tenancies
• Commercial - 8 Tenancies
Current Annual Gross Rental Income: £913,576 p.a.
• Residential - £780,060 p.a.
• Commercial - £133,516 p.a.
Market Valuation of all Assets Assuming Vacant Possession: £18,360,000
The entire portfolio is offered For Sale as a Single Transaction.
Asking Price: Offers in Excess of £14.75m at an Initial Yield of 6.25%
A comprehensive property schedule and dataroom is available for review.
Expressions of Interest should be submitted to the Sole Agents TC Group
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