Investment Property, Lincolnshire

RESIDENTIAL INVESTMENT PORTFOLIO in Lincoln and Liverpool for Sale.

An opportunity to acquire a debt-free UK residential property SPV comprising eight income-producing apartments located across Lincoln and Liverpool. The portfolio is offered by way of a share purchase of the Limited Company, with the vendor redeeming all existing borrowing from the sale proceeds, enabling the purchaser to acquire the company on a debt-free basis. Trading since 2016, the SPV provides an established and operational investment vehicle with a proven rental history, clear income profile, and known operating costs.

This is a ready-made residential investment portfolio capable of being added to an existing holding in a single transaction, avoiding the time, uncertainty, and acquisition costs associated with sourcing individual properties separately. The portfolio benefits from a diversified mix of student and AST accommodation across two strong regional rental markets and currently produces a combined gross annual income of £83,268 per annum (gross yield, pre costs, of 15.6%).

The Lincoln element of the portfolio comprises seven apartments across two established residential developments. Fitzwilliam House includes five top-floor student studio apartments situated at Fitzwilliam Place, Lincoln LN5 8BG.
Flat 32 currently generates £9,000 per annum
Flat 33 produces £9,703 per annum
Flat 34 returns £9,000 per annum
Flat 35 achieves £8,999 per annum
Flat 36 generates £9,096 per annum
Each apartment is held within a well-managed development with service charges currently set at £298 per quarter per flat, equating to £1,192 per annum per unit.

Also included within the Lincoln portfolio are two apartments within Grantavon House, Lincoln LN5 7WA.
Flat 21 comprises a one-bedroom student apartment currently producing £13,965 per annum
Flat 27 is a two-bedroom student apartment generating £14,745 per annum.
Service charges at Grantavon House are currently £210 per month per flat, equating to £2,520 per annum for each apartment.

The Liverpool element of the portfolio is situated at Wolstenholme Square, Liverpool L1 1JL.
Flat 66 is a top-floor studio apartment currently let on an Assured Shorthold Tenancy and producing £8,760 per annum
Service charges are currently £434 per quarter (£1,736 per annum) with an additional ground rent of £300 per annum payable.

All apartments are presented in excellent decorative order and maintained in good overall condition. The vendor has confirmed that all statutory compliance certification is maintained and copies will be made available during the due diligence process. Service charges and ground rents will be paid up to date upon completion.

The portfolio offers investors an attractive gross yield profile when compared with cash holdings, together with the benefit of acquiring a fully established company structure and immediately available income stream.

Further information, tenancy schedules, and company information are available upon request.