£1,150,000 pa
(£83.77/sq. ft. pa)
Property to letFlats 1A-17A, M Cheveley, Carrville DH1
13,728 sq. ft
Freehold
About this property
- 17 flats available but way of a999 year long leasehold at a peppercorn ground rent.
- Comprises two blocks.
- All flats are two bedroom.
- Producing an annual income of £81,864 with two vacant flats.
- Break up potential.
- Rental growth to be capitalised on.
- Offers in the region of £1,150,000 (one million one hundred and fifty thousand pounds) are invited for the long leasehold interests. This represents a low capital value of £83.83 psf, which is lower than replacement cost.
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