210-214 Broadway, Bexleyheath, DA6

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Guide Investment Freehold residential investment for sale.33 new flats.

Completion due at end of 2023.ERV - £560,700 per annum 5.9% yield.Guide price - £9,500,000 F/H.

A rare opportunity to pre-purchase 33 new private flats with 18 parking spaces within the heart of Bexleyheath's vibrant town centre. The purchase includes the freehold. Construction of the new development has begun and is due to be complete by the end of 2023. The estimated rental value is £560,700pa based on the guide price of £9,500,000 is a gross yield c.5.9%. Rental and sales comparables are available upon request. The ground floor commercial space is owned seperately on a long lease and is not included. The development comprises 33 one and two bedroom flats of which 18 are the conversion of the existing property and 15 new build.

Talk to Louis Markham from Acorn (Estate agents in Commercial & Development - Bromley)

Louis Markham - Commercial & Development - Bromley estate agents

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