Portfolio – Harry Zeital Way London E5
- Off market
- Total floor area in excess of 13,000 sq.ft
- 18 apartments out of a block of 50
- 112 years unexpired on each lease
- Ground rent £200 per annum per apartment
- Current total income £355,000 per annum
- Minimum current vacant values
There are 8 x 3 bed , 2 baths so 8 x £545,000= £4.36m
There are 9 x 2 beds, 2 baths @ say £450,000 = £4,050,000.
There is 1 x 1 bed , 1 bath @say £290,000 = £290,000
Gross sale values £8.7m.
- NB Flat 2 – 3 beds sold in 2020 for £545,000.
- Selling price £5.95m
We will require a buy side fee.
Portfolio - Harry Zeital Way London E5
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Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.
In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
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