Project Details: [SOLD]
New Bank House and Sovereign House | |
Sheffield | |
Purchased | October 2010 |
Purchase price | £2,520,000 |
Rental income (net) | £453,000 p.a. |
Sold | January 2011 |
Sale price | 3,900,000 |
Overall ROI | 140.9% |
The tenants of both buildings were consolidated into one and then both were sold. After sale, the empty property was converted into student accommodation. |