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New Build Block of Flats (Distressed sale)

£5,000,000.00
0 (0 Reviews)
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Description

A finished block of newly built block of 19 flats in Gravesend

This site is currently not in receivership however the senior lender is looking for a serious buyer who is ready to move asap.

We can provide a sales and rental breakdown.

1 Beds rental c£1k pcm

2 Bed rental c£1.4k pcm

Currently the bank has a housing association looking to purchase the scheme however they are moving very slowly and may take months, their offer is £4.6m – but if we had a buyer to complete in the next 4 weeks then I am sure a discount can be applied to avoid the borrower being charged default

The only thing yet to be finished is the flooring. Pictures available.

Buyers Fees Required of 3%

Details

Property ID
DA12 2AB
Status
Active
Property Type
Apartment
Beds
2
Baths
19
Kitchen Features
Furnished
Cooling
Non A/C
Elevator
No
Fireplace
No
Exterior Material
Brick
Swimming Pool
No
Year built
March 25, 2024

Location

Address
DA12 2AB, Gravesend, Gravesham, Kent, England, United Kingdom
DA12 2AB, Gravesend, Gravesham, Kent, England, United Kingdom

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Author Info

Paul

Member since 11 months ago
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