6 Residential Portfolios For Sale, Falkirk, FK1
For Sale
Property Summary
LOCATION
The properties are all located within central Falkirk and the surrounding areas.
DESCRIPTION
The portfolios provide an excellent opportunity for any investors looking to purchase secure cash-flowingassets.
As the properties rents have not been increased for several years and there is an excellent opportunity forachieving further rental growth.
Many of the properties have benefited from various ECO measures in recent years, including, cavity wallinsulation, new windows, new efficient gas boilers, loft insulation and internal wall insulation panels. The properties have an excellent existing management team that is familiar with each of the properties. Themanagement team handles;
New lettings General repair and maintenance Statutory and legal compliance Rent collection Day to day running of the portfolio The properties are sought after, and there is currently a tenant waiting list
The current management team are available to continue managing on behalf of a new investor. Thismay well make the investment opportunity perfect for hands-off investors.
TENANCY
There are a mix of tenancy agreements including Private Residential Tenancy's and Short Assured Tenancy Agreements. Full tenancy detail, copies of leases and statutory safety certification can be provided to seriously interested parties after discussions with the selling agent.
LEGAL COSTSEach party to bear their own legal costs in the documentation of these transactions; however, thein-going tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon
EPC
Copies of EPC can be provided.
PRICE
Prince on application.
DATA ROOM
Interested parties will have access to a full data room upon registering their interest.
Tranche 1
6 One-bed flatsPrice £405,000Current passing yield 6.80% Opportunity yield 7.50%
Tranche 2
6 Two-bed flatsPrice £540,000Current passing yield 6.00%Opportunity yield 6.80%
Tranche 3
6 Two-bed flatsPrice £570,000Current passing yield 5.80%Opportunity yield 6.30%
Tranche 4
7 Two-bed flatsPrice £665,000Current passing yield 5.60% Opportunity yield 6.30%
Tranche 5
5-bed flats and 1 one-bed flatPrice £550,000Current passing yield 6.00%Opportunity yield 6.80%
Tranche 6
3 two-bed flats, 2 one-bed flats and a 5-bed semi-detached housePrice £765,00Current passing yield 4.70%Opportunity yield 6.00
The properties are all located within central Falkirk and the surrounding areas.
DESCRIPTION
The portfolios provide an excellent opportunity for any investors looking to purchase secure cash-flowingassets.
As the properties rents have not been increased for several years and there is an excellent opportunity forachieving further rental growth.
Many of the properties have benefited from various ECO measures in recent years, including, cavity wallinsulation, new windows, new efficient gas boilers, loft insulation and internal wall insulation panels. The properties have an excellent existing management team that is familiar with each of the properties. Themanagement team handles;
New lettings General repair and maintenance Statutory and legal compliance Rent collection Day to day running of the portfolio The properties are sought after, and there is currently a tenant waiting list
The current management team are available to continue managing on behalf of a new investor. Thismay well make the investment opportunity perfect for hands-off investors.
TENANCY
There are a mix of tenancy agreements including Private Residential Tenancy's and Short Assured Tenancy Agreements. Full tenancy detail, copies of leases and statutory safety certification can be provided to seriously interested parties after discussions with the selling agent.
LEGAL COSTSEach party to bear their own legal costs in the documentation of these transactions; however, thein-going tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon
EPC
Copies of EPC can be provided.
PRICE
Prince on application.
DATA ROOM
Interested parties will have access to a full data room upon registering their interest.
Tranche 1
6 One-bed flatsPrice £405,000Current passing yield 6.80% Opportunity yield 7.50%
Tranche 2
6 Two-bed flatsPrice £540,000Current passing yield 6.00%Opportunity yield 6.80%
Tranche 3
6 Two-bed flatsPrice £570,000Current passing yield 5.80%Opportunity yield 6.30%
Tranche 4
7 Two-bed flatsPrice £665,000Current passing yield 5.60% Opportunity yield 6.30%
Tranche 5
5-bed flats and 1 one-bed flatPrice £550,000Current passing yield 6.00%Opportunity yield 6.80%
Tranche 6
3 two-bed flats, 2 one-bed flats and a 5-bed semi-detached housePrice £765,00Current passing yield 4.70%Opportunity yield 6.00
Location
Featured Properties
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LOCATION
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