Another Investment Sold in Days
On behalf of our clients Amsprop, Kingsbury’s agency team were appointed to dispose of a freehold building situated within the affluent suburb of Loughton, Essex.
The building, which has recently undergone a full program of refurbishment, is occupied by two tenants including the winner of the BBC’s 2013 series of the The Apprentice, Dr. Leah.
Producing £55,000p.a., the property’s prominent location just off Loughton’s High Road and the potential to extend or redevelop the building in the future made it an attractive investment opportunity, appealing to a variety of investors.
Following two viewing days, a number of offers were received and contracts exchanged at a price reflecting a 7.0% net initial yield, with completion of the transaction 5 days later.
If you are considering a sale of your investment opportunity, please contact Jordan Oldfield on 020 7183 2529 or email@example.com
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- Sold for £775,000
- 14 York Hill Essex Loughton IG10 1RL
- Yoga Studio and Cosmetic Skin Clinic Investment
- Income producing £55,000 per annum
- Prime location in affluent area
- 7.0% Net Initial Yield achieved
Kingsbury have successfully advised me on various sales from property in the core City of London to various suburban London freeholds. They have always delivered excellent results.