Description
St Albans – Residential Investment opportunity
25 recently constructed Flats, adjoining Abbey View Station on Everard Close, St Albans
The Block has been developed to an exemplary standard with decorative finishes of a high standard and individual Flats of a generous size
There is dedicated carparking with electricity charging points set in pleasant external grounds
Service Charge breakdown
May 2021 valuation at £12,500,000 – current capital values in St Albans are at circa £650 square foot
A Schedule of Floor Areas, Capital Values totalling £12.557m, the existing rent roll of £39,300 pcm or £471,600 per annum
Video providing internal and external shots of the Flats
We consider the Flats to be very reasonably Let with an opportunity for growth at the next round of AST renewals
We have been informed that an offer of £10m would secure it for the benefit of the Freehold interest subject to the existing income.
1.5% Buyers Fees payable.