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Block of apartments for sale
Maple House, 95 High Street, Slough SL1 1DH
£3,200,000
Maple House, 95 High Street, Slough SL1 1DH
£3,200,000
Our Summary
- SUMMARY * Residential investment opportunity for 17 apartments with significant break-up and rental uplift potential
Description
This is a residential investment opportunity for 17 apartments located on Slough High Street, just a 6-minute walk from Slough railway station, which provides services to Paddington in 17 minutes and Heathrow Airport in 33 minutes. The property was developed in 2019 and comprises 5 studios, 9 one-bedroom, and 3 two-bedroom apartments, totaling approximately 9,131 square feet. The apartments are currently generating a combined passing rent of £238,200 per annum, with a ground rent of £2,600 per annum, making a total rental income of £240,800 per annum. The property is available leasehold for 125 years from 2018 and is not elected for VAT.