Arbitrage opportunity Durham

Landlords looking to engage in a little bit of arbitrage by splitting up an investment block of 19 apartments and houses in Durham and selling them off individually should check out Paxton Court.  The rental yield on the projected asking price is 8.5%.  Not fantastically high for the north but given the potential capital raising opportunities potentially high enough to tempt some interest who wants to actively trade their investments.

Paxton Court, Pity Me, Durham DH1 5DE
Freehold Investment Sale of 19 properties
Excellent break up opportunity 8 x 2 bedroom apartments, 5 x 4 bedroom townhouses and 2 x 5 bedroom townhouses 4 x apartments sold off on long leases.  Total income £119,900 (to include ground rent income)
Fully Let

For sale £1,400,000

For further information, please contact:

Anthony Hart
Email: anthony.hart@allsop.co.uk
Tel: 0113 243 7950

James Wilson
Email: james.wilson@allsop.co.uk
Tel: 0113 236 6679


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