6 bedroom block of flats for sale

An exciting chance to purchase and entire block of 5 high street apartments, all of which include parking and all of which are currently let at an income of 62,100 per annum generating a yield of 4.968%. The properties are strictly available to purchase as a portfolio with the current tenants to remain in situ in accordance with the terms of their AST’s.The PropertiesFlat 1, a one bedroom lower ground floor flat with generous store room, private garden and parking: 275,000. Current rent 1,200 pcm.

Flat 2, a two bedroom ground floor flat with parking: 300,000. Current rent 1,100 pcm.

Flat 3, a one bedroom first floor flat with parking: 235,000. Current rent 925 pcm.

Flat 4, a one bedroom first floor flat with parking: 225,000. Current rent 975 pcm.

Flat 5, a top floor, large one bedroom flat with parking: 275,000. Current rent 975 pcm.The LocationLocated in the charming village of Kings Langley, offering a peaceful and family-friendly environment while still being conveniently close to local amenities. The area is well-regarded for its attractive surroundings, creating a welcoming atmosphere for residents. Kings Langley High Street, with its array of shops, cafes, and restaurants, is just a short walk away, providing easy access to everyday essentials and leisure options. The location is ideal for those seeking a balance of quiet suburban living and proximity to transport links, with Kings Langley train station offering direct services to London and other nearby towns. Families will also appreciate the excellent local schools and green spaces.Distance To StationsKings Langley Station (0.9 Miles)
Apsley Station (1.6 Miles)
Hemel Hempstead Station (3.2 Miles)
Watford Junction Station (4.9 Miles)Agents Information For BuyersThank you for showing an interest in a property marketed by Sterling Estate Agents.

Please be aware, should you wish to make an offer for this property, we will require the following information before we enter negotiations:

1. Copy of your mortgage agreement in principal.
2. Evidence of deposit funds, if equity from property sale confirmation of your current mortgage balance i.e. Your most recent mortgage statement, if monies in bank accounts the most up to date balances..
3. Passport photo ID for ALL connected purchasers and a utility bill. We are duty bound to complete anti money laundering (AML) checks on all connected purchasers should an offer be successful. The charge for this is 75 plus VAT per person.

Unfortunately we will not be able to progress negotiating any offer unless we have ID, completed AML checks and proof of funds.