Current Instructions

Residential Investment

Heron Drive, Langley, Slough, SL3

Available
DESCRIPTION
  • An opportunity to purchase a portfolio of 9 flats within Hurricane Court, an 84 unit high quality development, completed in 2020.
  • Located 1 mile from Langley Station (Elizabeth Line), which offers direct access to Bond Street in 32 minutes.
  • NIA – 4,984 sq ft.
  • Comprising 4 x studios, 3 x 1 bedroom flats and 2 x 2 bedroom flats.
  • Being sold at a discount to the breakup value, which is in the region of £2,450,000.
  • 8 out of 9 apartments producing £121,800 per annum.
  • Flat 49 has an Estimated Rental Value of £13,800 per annum. Once this flat has been rented, the total passing rent will be £135,600 per annum.
  • Tenure – 999 Year leaseholds.
PROPOSAL

Offers in excess of : £1,900,000+
subject to contract

Residential investment portfolio of 9 flats 
Key features
Portfolio of 9 flats
Located 1 mile from Langley Station (Elizabeth Line)
NIA – 4,984 sq ft
4 x studios, 3 x 1 bedroom flats and 2 x 2 bedroom flats
Significant discount to breakup value
Current passing rent of £134,400 per annum
Tenure - 999 Year leaseholds
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