Off market: 50-unit block in Ashford – Woodthorpe Road, Ashford, Surrey, TW15 for sale

Details

Opportunity to purchase 50-unit block in Ashford

Generating £555,000 gross rent pa & 4.8% gross yield.

Offers in excess of £11.5m

The block

TENURE

Freehold

TENANCY STATUS : Tenanted

FURNISHED : No

TOTAL SQ FT : 18,469

PRICE SQ FT : £623

Block information

• This is a block consisting of 50 x 1-bed apartments
• Spread over 5 floors (ground to 4th floor)
• Each apartment comes with:
• Open plan kitchen/living room
• Fully fitted kitchen and appliances
• Secure communal entrance
• Parking available
• EPC ratings of C, D & E
• Rental information

The block is fully tenanted

• Aggregate monthly rental income: £46,250
• Aggregate annual rental income: £555,000
• Aggregate gross yield: 4.8%
• Location information

The block is located in the centre of Ashford

Ashford railway station is only a short walk from the property

There are many shops and amenities within walking distance

Plans

Floor Plan 1

Floor Plan 2

Floor Plan 3

Floor Plan 4