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Property Portfolio For Sale! Nine Flats & One Bungalow Available With Tenants In Situ!

Key features

  • Rare Investment Opportunity
  • Ten Property Portfolio
  • £103,200 Approximate Gross Annual Rental Income
  • £84,642 Approximate Net Annual Income
  • Established Tenants In Situ
  • Immediate Income Producing Investment
  • Various Popular Basildon Locations
  • Strong Rental Demand Area
  • Further Financial Breakdown Available Upon Request

Description

Temme English are thrilled to present this incredibly rare and exciting investment opportunity consisting of a substantial ten property portfolio located across the Basildon area, being sold together as one complete package!

This established and income producing portfolio consists of a selection of residential properties, all currently tenanted and generating an impressive immediate rental income from day one, making this a fantastic choice for investors looking to expand their portfolio.

The portfolio is currently producing a combined gross rental income of approximately £103,200 per annum, with an approximate annual net income of £84,642 after listed deductions. Based on the guide price, this represents an attractive approximate yield of 5.6%.

The portfolio consists of properties situated across several popular Basildon locations including Great Knightleys, Eynsham Way, Oakdene Road, Bartlow Side, Littlebury Green, Waterville Drive, Merrylands and Jermayns.

The properties benefit from established tenants already in occupation, providing buyers with a ready made investment without the time, effort and expense usually associated with sourcing individual buy to let opportunities.

Basildon continues to prove a popular rental location thanks to its excellent commuter links, including Basildon and Laindon Train Stations providing direct access into London Fenchurch Street, alongside convenient road links via the A127, A13 and M25.

Further information including individual rental breakdowns, tenancy information, lease details and financial information is available upon request.

Opportunities of this size and nature rarely become available and early enquiries are strongly advised!

Rare Investment Opportunity
Ten Property Portfolio
Sold As One Complete Package
£103,200 Approximate Gross Annual Rental Income
£84,642 Approximate Net Annual Income
Established Tenants In Situ
Immediate Income Producing Investment
Various Popular Basildon Locations
Strong Rental Demand Area
Further Financial Breakdown Available Upon Request

  • 146 Great Knightleys, Basildon, SS15 5HQ - Leasehold Apartment

  • 18 Eynsham Way, Basildon, SS13 1RB - Leasehold Apartment

  • 46 Oakdene Road, Basildon, SS13 1AP - Leasehold Apartment

  • 11 Bartlow Side, Basildon, SS13 1RE - Leasehold Apartment

  • 80 Littlebury Green, Basildon, SS13 1RF - Leasehold Apartment

  • 86 Littlebury Green, Basildon, SS13 1RF - Leasehold Apartment

  • 74 Littlebury Green, Basildon, SS13 1RF - Leasehold Apartment

  • 140 Waterville Drive, Vange, Basildon, SS16 4TY - Leasehold Apartment

  • 74 Merrylands, Basildon, SS15 5HA - Freehold Bungalow

  • 84 Jermayns, Basildon, SS15 5HA - Leasehold Apartment


EPC Rating: C
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.
Band: A
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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Property Portfolio For Sale! Nine Flats & One Bungalow Available With Tenants In Situ!

Approximate location

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Affordability

Monthly repayments£7,522
Property: £ 1,500,000
Deposit: £ 150,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
Recently sold & under offer
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About Temme English, Basildon & Stanford le Hope

40 Southernhay, Basildon, SS14 1ET
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Temme English Established in May 2010 by partners Carl Temme and Steve English. Temme English are multi award-winning* professional sales and letting estate agents in Essex with offices in Basildon, Colchester, Maldon, Stanford le Hope and Wickford.

The Basildon office is managed by Dean Aitchison. The team remains the same as it has done for years. Louise Roberts is the sales manager and valuer alongside Dean ensuring the staff assisting her provide the best possible service. Lucy and Harriet are the office sale progressors who love their job and relish the challenges they are faced to make clients moves happen. Daniel Madden comes with a smiley face and one you are most likely to meet on viewings.

As an independent business, our success depends entirely on delivering high-quality service and excellent results for our customers and clients, and we place you at the heart of everything we do.

*Best Estate Agent Guide Awards Winner Sales, Awards for Marketing, Services, Results / All Agents Special Recognition Award

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Disclaimer - Property reference e6b2e04b-a678-45f5-bfe0-8442f3a44e76. 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 Temme English, Basildon & Stanford le Hope. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.