Fully Let Residential Investment Block | Gross Yield 5.64% | Prime Island LocationElliott Lincoln is pleased to bring to market Hills Court, a fully tenanted residential investment comprising 12 self-contained apartments situated in the heart of Ryde...
12 Residential Apartments 11 x One-Bedroom Apartments 1 x Two-Bedroom Apartment Tenure: Leasehold – 999 years Tenancies: Fully Let on Assured Shorthold Tenancies Floors: Two Gross Monthly Income: £8,225 Gross Annual Income: £98,700 Management Fees: 5.5% (£5,428.50) Net Operating Income: £93,271.50 per annum Current Yield (Gross): 5.81%
Location
Hills Court is in the heart of Ryde, one of the Isle of Wight’s most desirable and well-connected towns. With the passenger hovercraft and catamaran services nearby, it offers fast and convenient access to Portsmouth and the South Coast. The property is situated in a strong rental catchment area and benefits from proximity to the seafront, shops, cafes, and public transport links.
Further Information
A full tenancy schedule and floor plans are available on request. For more information or to arrange a confidential discussion, please contact Elliott Lincoln.
Gross Yield 5.81%
Apartment Block - established income stream from 12 fully let residential units
Centrally located in Ryde, a key commuter town with fast links to the mainland
Consistent rental income with room for growth in line with market demand
Ideal for hands-on investors – low management input and long-term asset stability
High street location close to amenities, transport, and local employment
