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Commercial property for sale

£4,000,000 Guide price

High Street, Hoddesdon EN11

Commercial property for sale
Interested in this property? Call +44 1992 843487 * or Request Details

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Property description

** portfolio for sale with development opportunity STPP ** Westwood Leber are delighted to bring to the market a fantastic portfolio in Essex comprising 7 residential properties within a stunning Grade II listed conversion made up of 9 luxury apartments. Sale will include the freehold to this exclusive development providing excellent asset management and break up opportunities at a significant discount to the vpv as well as a plot of land perfect for further development stpp.

A purchase at this level would reflect a gross initial yield of 4.96% (based upon existing rent) and 6% (based upon erv). **The current yield and erv does not account for the capital growth considering the development opportunity.**



Description
** portfolio for sale with development opportunity STPP ** Westwood Leber are delighted to bring to the market a fantastic portfolio in Essex comprising 7 residential properties within a stunning Grade II listed conversion made up of 9 luxury apartments. Sale will include the freehold to this exclusive development providing excellent asset management and break up opportunities at a significant discount to the vpv as well as a plot of land perfect for further development stpp.

A purchase at this level would reflect a gross initial yield of 4.96% (based upon existing rent) and 6% (based upon erv). **The current yield and erv does not account for the capital growth considering the development opportunity.**

Property info

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For more information about this property, please contact
Westwood Leber, EN11 on +44 1992 843487 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Westwood Leber, and do not constitute property particulars. Please contact Westwood Leber for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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