For Sale

The Carinthia Portfolio, 1 Mccormick Drive, West Midlands, Shawbirch, Telford, TF1 3LZ

Overview

Residential
Property Type

62
rooms

Description

Location

The Carinthia Portfolio - A substantial residential investment portfolio of 28 dwellings situated in 9 locations across the west midlands. For Sale by Informal Tender with Offer to be received by Noon on Thursday 17th October 2024.

We are pleased to bring to the market on behalf of the vendors a rare opportunity to acquire a substantial portfolio of twenty-seven, open market residential dwelling houses and apartments.

The properties are located within the authorities of Telford and Wrekin, Cannock Chase, Sandwell Metropolitan, Solihull, Shropshire, South Staffordshire, Dudley, Bromsgrove and Worcester City. Many of properties are in groups with some individual assets dispersed in isolation.

The portfolio comprises predominantly houses with a small number of flats. The units are generally terraced or semi-detached stock of varying ages.

The current passing rent is £257,300 per annum and total rental income at full occupancy £267,800 per annum.

The Freehold or Long Leasehold interest in all the properties is offered for sale. All properties are let on Assured Shorthold Tenancy agreements apart from one Non-Assured Shorthold agreement. Redacted tenancy agreements for each dwelling are available within the Data Room.

Please see the Data Room for copies of all EPCs. All properties comply with MEES and are above band E.

Internal viewings are not currently available. A selected purchaser will be able to arrange inspection of properties further to the acceptance of an offer. An online Data Room has been prepared which includes EPCs, title documents, tenancy schedules, building certification and external photos. Please contact us for access.