Maple House, 95 High Street, Slough SL1 1DH
£350.45 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
9,131 sq ft
848 sq m
- SECTOR
Residential development for sale
Key features
- 17 Apartments
- Residential Investment
- NSA - 9,131 SqFt
- Total Income - £240,800 per annum
Description
* Residential investment opportunity for 17 apartments with significant break-up and rental uplift potential.
LOCATION
* The property is located on Slough High Street, within a 6 minute walk to Slough railway station (Crossrail), providing services to Paddington in 17 minutes and Heathrow Airport in 33 minutes.
DESCRIPTION
* The existing property comprises 23 apartments (6 sold off on long leases) arranged across first, second and third floors.
* The remaining 17 apartments comprise 5 x studios, 9 x 1 beds & 3 x 2 beds and extend to a total area of approximately 9,131 sq ft NSA.
* The apartments were developed in September 2019 and come with a Checkmate 10 year build warranty.
* The 17 apartments are currently generating a combined passing rent of £238,200 per annum. The property also has a ground rent of £2,600 per annum.
* The property therefore generates a total rental income of £240,800 per annum.
TERMS
* The property is not elected for VAT.
* The apartments are available leasehold by way of a 125-year lease from 20 November 2018.
Internal Images & Floorplans available upon request.
Maple House, 95 High Street, Slough SL1 1DH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Slough Station0.2 miles
- Windsor & Eton Riverside Station1.7 miles
- Datchet Station2.0 miles
Notes
Disclaimer - Property reference Maple2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Di Properties Ltd, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.