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- Opportunity to purchase a portfolio of Freehold HMO properties located in Orpington in the London Borough of Bromley.
- The total portfolio comprises 34 units across 6 individual properties.
- Orpington is an affluent location approximately 13 miles south east of Central London and 5 miles south east of Bromley.
- Orpington is easily accessible by public transport to Central London with regular daily rail services to London Bridge in 16 minutes and Charing Cross in 26 minutes.
- Good quality properties situated a short distance of all the amenities, shops and restaurants of Orpington town centre.
- To be sold with the benefit of FR&I leases for a term of 20 + 5 years to an established charity tenant.
- The portfolio produces a total rental income of £385,576 per annum.
- The leases benefit from annual inflation linked rent reviews.
- We are inviting offers in excess of £4,000,000 (Four million pounds), subject to contract.
- A purchase at this price would reflect a Net Initial Yield of 9.05%, based on purchaser’s costs of 6.5%.
- The vendor will consider offers for individual properties.
