Description:

ALL FREEHOLD Portfolio of 9 properties consisting of 4 x 2 bed apartments, 3 x 1 bed apartments, and 1 x 1 bed cottage. All properties are currently rented out and the portfolio is currently generating a yield of around 12% pa. 8 of the properties are in central Greenock, all located within a half mile radius. Very close to the local college, all manner of amenities and travel links. The final property is the 1-bedroom cottage on a picturesque residential street in nearby Dunoon. The properties are fully managed and you have the option to retain the current letting team.

Property Details

Tenure: Freehold

Location: Greenock

Type Of Property: Flat

Bedrooms: 13

Essential Financial Information

Rental Income: £ 42,240 pa

Net Rental Income: £ 32,979 pa

Net Rental Yield: 9 %

Return On Investment: 35 %

Gross Yield: 11 %

Mortgage Illustration

Based on 75% Loan To Value (LTV).
Mortgage Product:Interest Only @3.25%

Guide Price:  £ 379,950

Deposit Required: £ 94,988

Mortgage Amount: £ 284,963

Mortgage Payment: £ 772 pm

Need Finance to buy this portfolio?

Please let us know, if you need finance. Our team of experts can help you to buy this portfolio with a range of options personalised to you. Even if you are an overseas investor, or representing a company registered elsewhere, financing opportunities still may be available.