13,728 sq ft Other To Rent, Carrville DH1, £1,000,000 pa

Other in Carrville
Other in Carrville
Other in Carrville

Property ID: 151301

£83,333 / month
£1,000,000 pa

Carrville, County Durham, DH1 2AA

Type Other
Status Available
Size 13,728 sq ft / 1,275 sq m
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Description

  • 17 flats available but way of a 999 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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LCP Management Ltd
LCP Management Ltd View all properties

Property ID: 151301

13,728 sq ft Other To Rent, Carrville DH1, £1,000,000 pa
£83,333 / month
£1,000,000 pa

Carrville, County Durham, DH1 2AA

Other|Available|13,728 sq ft / 1,275 sq m

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LCP Management Ltd
LCP Management Ltd View all properties
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