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£2,050,000
Cromwell Road, Hayes, UB3
- 8 beds
£2,050,000
- 8 beds
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An opportunity to acquire an investment opportunity comprising of 8 one bedroom flats and 9 garages.
An opportunity to acquire an investment opportunity comprising of 8 one bedroom flats and 9 garages. There may be potential to re-develop to add another storey to create further dwellings (subject to planning permission and investigation of the structure to justify the suitability).
OCCUPANCY & RENT INFORMATION
All 8 flats are currently let on an assured shorthold tenancy agreement with a total rent passing of ?72,300 per annum (subject to no void period). 6 garages are currently separately let on a tenancy agreement with a total rent passing of ?4,536 per annum (subject to no void period). 74c, 76c & 76d have the benefit of a garage included within their tenancy agreement.
Internal photographs are available for 74b, 76, 76a & 76b.
TENANCY AGREEMENTS
A schedule of the tenancy agreements can be supplied on request.
TENURE
Freehold.
POTENTIAL
Pre Application for 4 one bedroom flats the rear of the development.
Pre Planning for 2 two bedroom flats and 1 one bedroom flat on top of the development.
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