£1,550,000
Wath Road, Brampton, Barnsley, S73
- 25 beds
£1,550,000
- 25 beds
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Brampton Beck, Barnsley, South Yorkshire. S73 0XB.
An excellent opportunity to purchase a readymade, fully let, business in a box.
Consisting of 12 Apartments which are half of a larger development of 24 properties. The freehold for the full development of 24 apartments, and the control of the management company.
The properties available are 11 x two bedroom 2 bathroom apartments and 1 x three bedroom duplex apartment. Off road parking is provided with 18 spaces servicing the 12 apartments.
Situated just outside Wombwell, Barnsley. Brampton Beck was built in 2008 as a purpose-built apartment block. Being 10 minutes from the M1 Junction 36. It is easily commutable to Sheffield, Leeds, Wakefield, Doncaster and Barnsley.
The portfolio sale presents an opportunity for investors to acquire a collection of apartments with a strong rental income which are easily managed.
Gross Rent Passing ?92,100.00 per annum
Net Rent Passing ?77,220 per annum
Ground Rents ?9,600 per annum
Income from Management Company?6,500 per annum
Giving a 6% return on income
Purchase Price ?1,550,000
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