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The Needles Portfolio, Isle Of Wight, UK

  • Investments
  • 1 to 2 sq ft
  • For Sale
The Needles Portfolio, Isle Of Wight, Investments For Sale - The Needles
The Needles Portfolio, Isle Of Wight, Investments For Sale - Town Houses.jpg
The Needles Portfolio, Isle Of Wight, Investments For Sale - Row of Shops.jpg
The Needles Portfolio, Isle Of Wight, Investments For Sale - Row of Residential Properties.jpg
Property Type Investments
Tenure For Sale
Size 1 to 2 sq ft
Price Offers in excess of £14,750,000
Energy Performance Rating Upon enquiry

INVESTMENT PORTFOLIO FOR SALE IN A PRIME COASTAL LOCATION

Key Features

  • A High Quality Residential & Commercial Investment Property Portfolio For Sale
  • 84 Properties Located on the Prime Coastal Area of Isle of Wight
  • 100% Occupancy, Stable Cashflow & Long Term Tenants
  • Opportunities for Significant Rental Growth

Description

84 Properties all located on the Isle of Wight comprising of the following:

• Residential - 76 Tenancies
• Commercial - 8 Tenancies

Current Annual Gross Rental Income: £913,576 p.a.

• Residential - £780,060 p.a.
• Commercial - £133,516 p.a.

Market Valuation of all Assets Assuming Vacant Possession: £18,360,000

The entire portfolio is offered For Sale as a Single Transaction.

Asking Price: Offers in Excess of £14.75m at an Initial Yield of 6.25%

A comprehensive property schedule and dataroom is available for review.

Expressions of Interest should be submitted to the Sole Agents TC Group