High Yielding Residential Investment Portfolio, Brookenby, Lincolnshire
Brookenby, Market Rasen, Lincolnshire, LN8 6EJ
Satnav Ref: LN8 6EJ
DescriptionAvison Young have been instructed to market a high yielding residential investment portfolio. The opportunity comprises 54 high quality houses plus a commercial building and land in Brookenby Lincolnshire producing a rental income of �239000 per annum.
- High yielding residential investment opportunity.
- Established residential village in a commuting location for Grimsby Lincoln and Scunthorpe.
- Well-built properties maintained to a good condition
- 93% let.
- All let on Assured Shorthold Tenancy Agreements.
- Scope to increase rent to c. £260000 per annum if x4 vacant propreties are let.
- Asset-management opportunities and scope to increase passing rents.
- Plus development opportunity of the former RAF canteen.
- Offers Invited.
Insolvency Property, Residential
T: 0113 280 8020
T: 0113 280 8025