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Businesses For Sale > Business For Sale in Hartlepool, UNITED KINGDOM - UK (UK)

CR136 -Hartlepool- £1,315,000-Property Investment Portfolio 15 Residential Properties for sale in Hartlepool, UK

Hartlepool, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 1,315,000 Undisclosed Undisclosed

Business Summary:
Property Investment Portfolio 15 Residential Properties Ref.CR136 Location Hartlepool Asking Price £1,315,000 The North East of England is a stable property market – up 5.5% in 2008. This excellent opportunity is to acquire a ready made property investment portfolio with good potential for future growth and currently with 5% return on current rental. The fifteen terraced properties in the portfolio have been fully refurbished during 2006/2007, and have been modernised to a very high standard. All are fully occupied with excellent long-term tenants at a total rental income of £65,220.00 per annum. This property portfolio of owner-operated buy to let properties is in a well settled, central area of Hartlepool, North East England, where there is a good demand for rental properties of the type in this portfolio. The properties are in a good location within easy reach of all amenities and are a superb opportunity for someone seeking income from a well managed and maintained investment..

 

   
Year Business was Established: 2006
   
Facilities / Terms of Lease: N.A.  
   
Potential Growth/Expansion: This is a first class opportunity to acquire a number of properties for either a first time venture into the letting business or for anyone looking to expand their property portfolio. The properties are occupied by good tenants giving excellent rent rise opportunities.  
   
Competition: N.A.  
   
Owner willing to train: N.A.  
   
Reason for selling: N.A.  
   
Seller Reference Number: CR136
BusinessMart.com Listing Number: 64932
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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