An opportunity to acquire a company which comprises 4 freehold residential/student investment properties. 3 properties are currently let to 21 tenants. 1 property is vacant but will comprise 3 x 2-3 bedroom apartments (2 apartments are currently completed, 1 will remain unconverted). Once completed, the 'Penryn Portfolio' will consist of up to 30 tenants. All properties are centrally located in the growing university town of Penryn, Cornwall. Initial yield 9.3%.
- Asking Price:
- £2,175,000
- Turnover:
- £200K - £500K
- Net Profit:
- Not applicable
Property Information
- Property:
-
Freehold
- Location:
-
All located in central Penryn town centre.
- Energy Performance Rating:
- C
