agent
Martin & Co Lettings & Estate Agents : Dundee
DundeeDD1 1DJUnited Kingdom
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21 bedroom apartment for sale
USD$1,331,372

Description

An opportunity to acquire a portfolio of 10 residential houses, all currently let to separate tenants, located in the village of Choppington in southeast Northumberland. There are four different house types with one flat, a set of two semi-detached houses, a terrace of 6 houses and a single detached house. This freehold portfolio offers diverse property types, reliable rental income, and excellent market appeal. Individual Property Details Flat, 2 bedrooms (Number 1) – 684 sq. ft. Current Rent: £585 PCM (£7,020 PA). Semi-Detached House, 2-bedroom (Number 2) – 665 sq. ft. Current Rent: £650 PCM (£7,800 PA). Semi-Detached House, 2-bedroom (Number 3) – 665 sq. ft. Current Rent: £650 PCM (£7,800 PA). End-Terrace House, 2 bedrooms (Number 4) – 665 sq. ft. Current Rent: £670 PCM (£7,440 PA). End-Terrace House, 2 bedrooms (Number 5) – 722 sq. ft. Current Rent: £650 PCM (£7,800 PA). Mid-Terrace House, 2-bedrooms (Number 6) – 665 sq. ft. Current Rent: £650 PCM (£7,800 PA). Mid-Terrace House, 2-bedrooms (Number 7) – 665 sq. ft. Current Rent: £650 PCM (£7,800 PA). Mid-Terrace House, 2-bedrooms (Number 8) – 722 sq. ft. Current Rent: £650 PCM (£7,800 PA). End-Terrace House 2-bedrooms (Number 9) – 665 sq. ft. Current Rent: £670 PCM (£8,040 PA). Detached House, 3-bedrooms (Number 10) – 1,032 sq. ft. Current Rent: £895 PCM (£10,740 PA) Total £6,720 per month. £80,640 per annum Rent increases due 2025. Properties 1-9 are on periodic tenancies. 10 Hadrian Mews. Contract expires July 2025. The property is located in the village of Choppington in south east Northumberland. Choppington is a large village that amalgamates with other neighbouring villages such as Guidepost, Sheepwash and Stakeford. Choppington has good transport links with regular bus services running through the village whilst road access to neighbouring towns and villages is good. Morpeth 3.6miles I Ashington 1.6 miles I Newcastle 12.9 miles SERVICES Mains water, gas, electricity and drainage are connected. This portfolio represents a robust investment with growth potential in a well-connected and desirable Northumberland location. For further information or to arrange a viewing, please contact us.