House For Sale £2,500,000
Description
Investment summary
Property comprises of seven flats.
The residential schedule is 1 x 1 Bed, 4 x 2 Bed and 1 x 3 Bed Flats & 1 x 4 Beds Flats.
Erv for the whole property when fully let is expected to be in the region of £136,500 (11,400 pcm).
Rental return is expected to be in the region of 5.5%.
Seeking offers in the region of £2,500,000 subject to contract and exclusive of VAT.
Location
The property is situated in Thornton Heath (th) within the London borough of Croydon. It is within close proximity to th train station, the main high street and fifteen minutes away from central Croydon in which Westfields is due to begin its development next year.
Tenure
The property is currently held freehold. There is potential to separate the current title and sell each individual flat on a long leasehold.
VAT
The property is not VAT applicable.
Purchase price
Offers are sought in the going of £2,500,000 gbp subject to contract
Investment summary
Property comprises of seven flats.
The residential schedule is 1 x 1 Bed, 4 x 2 Bed and 1 x 3 Bed Flats & 1 x 4 Beds Flats.
Erv for the whole property when fully let is expected to be in the region of £136,500 (11,400 pcm).
Rental return is expected to be in the region of 5.5%.
Seeking offers in the region of £2,500,000 subject to contract and exclusive of VAT.
Location
The property is situated in Thornton Heath (th) within the London borough of Croydon. It is within close proximity to th train station, the main high street and fifteen minutes away from central Croydon in which Westfields is due to begin its development next year.
Tenure
The property is currently held freehold. There is potential to separate the current title and sell each individual flat on a long leasehold.
VAT
The property is not VAT applicable.
Purchase price
Offers are sought in the going of £2,500,000 gbp subject to contract
