Westwood Leber Estate Agent in EN11 8UB
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Plot For Sale in Hertfordshire Portfolio For Sale - Development Opportunity Stpp

Guide price £4,000,000
Listed 177 days ago (Oct 1, 2023) Available
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Property description: ** PORTFOLIO FOR SALE WITH DEVELOPMENT OPPORTUNITY STPP ** Westwood Leber are delighted to bring to the market a fantastic portfolio in Essex comprising 7 residential properties within a stunning Grade II listed conversion made up of 9 luxury apartments. Sale will include the freehold to this exclusive development providing excellent asset management and break up opportunities at a significant discount to the VPV as well as a plot of land perfect for further development stpp.

A purchase at this level would reflect a gross initial yield of 4.96% based upon existing rent and 6% based upon ERV . **The current yield and ERV does not account for the capital growth considering the development opportunity.**

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Westwood Leber 8 The Pavilion,Hoddesdon https://westwoodleber.co.uk/
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This property is located in Hoddesdon