An opportunity to purchase 13 flats within Frays Court, a 23 unit high quality development, completed in March 2023.
Located 0.6 miles from Uxbridge Station (Zone 6), which offers direct access to Baker Street in 39 minutes and King’s Cross St. Pancras in 47 minutes via the Piccadilly and Metropolitan Lines.
NIA – 6,694 sq ft.
Comprising 8 x 1 bedroom flats and 5 x 2 bedroom flats.
Being sold at a discount to the breakup value, which is in the region of £4,200,000 for the remaining 13 flats.
All 13 apartments are let producing a current passing rent of £241,200 per annum.
10 of the units have been sold off on 125-year leases at peppercorn ground rent.
Each flat benefits from an allocated parking space.
Freehold.
Guide Price £3,300,000, which equates to a Gross Yield of 7.31% and a low capital value of £493 psf.
