Sold Subject to Contract
The Carinthia Portfolio 1 Mccormick Drive West Midlands
Telford, West Midlands TF1 3LZ
United Kingdom
Telford, West Midlands TF1 3LZ
United Kingdom
Category Development, Investment, Residential
CODE 7407
The Carinthia Portfolio - A substantial residential investment portfolio of 28 dwellings situated in 9 locations across the west midlands. For Sale by Informal Tender with Offer to be received by Noon on Thursday 17th October 2024.
We are pleased to bring to the market on behalf of the vendors a rare opportunity to acquire a substantial portfolio of twenty-seven, open market residential dwelling houses and apartments.
The properties are located within the authorities of Telford and Wrekin, Cannock Chase, Sandwell Metropolitan, Solihull, Shropshire, South Staffordshire, Dudley, Bromsgrove and Worcester City. Many of properties are in groups with some individual assets dispersed in isolation.
The portfolio comprises predominantly houses with a small number of flats. The units are generally terraced or semi-detached stock of varying ages.
The current passing rent is £257,300 per annum and total rental income at full occupancy £267,800 per annum.
The Freehold or Long Leasehold interest in all the properties is offered for sale. All properties are let on Assured Shorthold Tenancy agreements apart from one Non-Assured Shorthold agreement. Redacted tenancy agreements for each dwelling are available within the Data Room.
Please see the Data Room for copies of all EPCs. All properties comply with MEES and are above band E.
Internal viewings are not currently available. A selected purchaser will be able to arrange inspection of properties further to the acceptance of an offer. An online Data Room has been prepared which includes EPCs, title documents, tenancy schedules, building certification and external photos. Please contact us for access.
We are pleased to bring to the market on behalf of the vendors a rare opportunity to acquire a substantial portfolio of twenty-seven, open market residential dwelling houses and apartments.
The properties are located within the authorities of Telford and Wrekin, Cannock Chase, Sandwell Metropolitan, Solihull, Shropshire, South Staffordshire, Dudley, Bromsgrove and Worcester City. Many of properties are in groups with some individual assets dispersed in isolation.
The portfolio comprises predominantly houses with a small number of flats. The units are generally terraced or semi-detached stock of varying ages.
The current passing rent is £257,300 per annum and total rental income at full occupancy £267,800 per annum.
The Freehold or Long Leasehold interest in all the properties is offered for sale. All properties are let on Assured Shorthold Tenancy agreements apart from one Non-Assured Shorthold agreement. Redacted tenancy agreements for each dwelling are available within the Data Room.
Please see the Data Room for copies of all EPCs. All properties comply with MEES and are above band E.
Internal viewings are not currently available. A selected purchaser will be able to arrange inspection of properties further to the acceptance of an offer. An online Data Room has been prepared which includes EPCs, title documents, tenancy schedules, building certification and external photos. Please contact us for access.
William Matthews
This email address is being protected from spambots. You need JavaScript enabled to view it.
Olympus House, Olympus Park Quedgeley, Gloucester GL2 4NF
01452 880152
These particulars are intended as a general guide only and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility. Intending purchasers or tenants should satisfy themselves as to the accuracy of all statements and representations before entering into any agreement. No employee or partner of Bruton Knowles has authority to make or give any representation or warranty in relation to the property.