127-135 Radlett Rd - Apartments FOR SALE


St Albans, HRT AL2 2LA
$2,650,000 USD
172-722-2552
127-135 Radlett Rd, St Albans, HRT for Sale
$2,650,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

127-135 Radlett Rd
St Albans, HRT AL2 2LA


HIGHLIGHTS

  • An unbroken residential investment comprising 21 ats with a mix of 16 x studios and 5 x 1-beds
  • Located within an afuent and leafy village sandwiched between Radlett and St. Albans, Hertfordshire
  • Fully income producing and providing a total rent roll of £251,508 per annum.
  • Potential for additional massing and/or reconfiguration of the units, subject to obtaining the necessary consents.
  • Increase and improve upon the income and tenant proles by way of a rolling refurbishment of the units and common parts.

OVERVIEW

High Yielding Unbroken Residential Investment Comprising 21 Private Flats Currently Producing £251,508 per annum The property sits within a site area of 0.28 acres (0.12 ha) and comprises a parade of terraced buildings arranged to provide twenty-one flats over ground and two upper floors with a mix of 16 x studios and 5 x one-bedroom units. The units have full C3 planning use. There is hard surface parking at the rear of the buildings for approximately 15 cars. All twenty-one flats are let and currently producing a combined income of £251,508 per annum.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$466 USD /SF

# OF UNITS

21

PRICE/UNIT

$126,190

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,431 SF

ZONING

-

APN/PARCEL ID

HD297730,HD524900,HD524904

ASK ABOUT THIS PROPERTY

Zach ForestForest Real EstateMore Info
172-722-2552

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Zach ForestForest Real EstateMore Info
172-722-2552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.