Brentwood Potential Fulfilled
Multi-let income producing assets with the opportunity to add further value via management processes are always popular as cash rich investors look to maximise the returns, whilst limiting their risk.
January saw the completion of our sale of the aptly named Potential House in Brentwood; a town-centre block made up of retail and residential uses, plus a 28-room HMO with a rent roll of some £225,000p.a.
The freehold property which was sold off a guide price of £3,000,000 to an overseas investor, will now undergo a program of improvements to enhance the rent and increase the residential floor space.
If you have an income producing property which you would consider the sale of, please contact firstname.lastname@example.org
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- 149-157 Kings Road Brentwood Essex CM14 4EG
- Mixed-use freehold investment
- Property will undergo a program of improvements
- Popular town centre location
Kingsbury were persistent and professional throughout the transaction and I look forward to working with them on the next sale.