Investment Property Opportunity (9 Flats)

Pinner, Greater London
REF: 04493

Asking Price:
£1,750,000
Annual Turnover:
£105,000
Annual Net Profit:
TBC
REF: 04493

Overview

Tenure:
Freehold
Established:
1993
  • Nine apartments
  • London location- Close to Hatch End High Street
  • High occupancy rates
  • Massive growth potential

This is a fantastic opportunity to take over a property management business that rents out apartments in London.

The business possesses 9 desirable flats and has provided exceptional accommodation since its inception in 1993. With a strong turnover and amazing growth prospects, this is a brilliant business opportunity for those with experience in the thriving property sector.

The property is made up of affordable, high quality accommodation. Tenants are mostly from the private sector.

Made up of 9 privately let flats, it brings in a minimum turnover of £105,000 per annum.

Each flat is responsible for its own council tax payments and electricity usage.

The flats have been fully let for a number of years and to re-let a flat takes just a few days. There is a huge demand due to the desirable location with beautiful surroundings.

The current owners pride themselves on maintaining the properties to an exceptionally high standard. They possess an established and reputable track record.

Intelligent are pleased to offer for sale this property management business that provides high quality living accommodation in a prime location.

Although the company is well established, it would benefit from raising its online profile with the implementation of a purpose built website. This would help to drive customer awareness and advertise the availability of the apartments throughout the marketplace. Rent could also be increased which would significantly increase the yearly income.

This is a unique opportunity that would particularly appeal to established property companies looking to expand their services. For the right buyer, this business offers a huge potential for growth.

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  • Located in London
  • Affluent area
  • Good transport links
  • Ample parking
  • Close to local amenities
Rent
N/A
Rates
£0
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
£1,600,000
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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