Wath Road, Brampton, Barnsley

- PROPERTY TYPE
Block of Apartments
- BEDROOMS
25
- BATHROOMS
24
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 12 Apartment PORTFOLIO
- 11 x Two Bedroom & 1 x Three Bedroom
- To Include FREEHOLD
- Ownership Of Management Company
- NET Rental Income Of £77,220 Per Annum
- Contact For More Information
Description
An excellent opportunity to purchase a readymade, fully let, business in a box.
Consisting of 12 Apartments which are half of a larger development of 24 properties. The freehold for the full development of 24 apartments, and the control of the management company.
The properties available are 11 x two bedroom 2 bathroom apartments and 1 x three bedroom duplex apartment. Off road parking is provided with 18 spaces servicing the 12 apartments.
Situated just outside Wombwell, Barnsley. Brampton Beck was built in 2008 as a purpose-built apartment block. Being 10 minutes from the M1 Junction 36. It is easily commutable to Sheffield, Leeds, Wakefield, Doncaster and Barnsley.
The portfolio sale presents an opportunity for investors to acquire a collection of apartments with a strong rental income which are easily managed.
Gross Rent Passing £92,100.00 per annum
Net Rent Passing £77,220 per annum
Ground Rents £9,600 per annum
Income from Management Company£6,500 per annum
Giving a 6% return on income
Purchase Price £1,550,000
Brochures
Wath Road, Brampton, BarnsleyBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Wath Road, Brampton, Barnsley
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Visit our security centre to find out moreDisclaimer - Property reference 33815776. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Yorkshire Residential Sales & Letting Ltd, West Yorkshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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