An exciting investment opportunity to purchase block 2 at Braeburn Heights which comprises 23 new private flats in a part 4, part 5 storey brick building. There are 23 designated parking spaces of which 10 spaces are under the building at ground floor. Construction of the block is well under way and will be completed by April 2023. The development has an Estimated Rent Value (ERV) of c.£439,800-£445,200pa which based on the guide price of £6,230,000 reflects a gross yield before 7-7.15%. Sales and rental comparables can be given which include recent sales values achieved for block. The development is well located between Bluewater, Ebbsfleet International Station and Dartford with good access onto the M25 and A2. The development will be sold with a 10 year new build warranty.
