House For Sale
£1,750,000
Foxley Lane, Surrey CR8
Description
Investment Opportunity For Sale - Modern HMO - 11% yield
380 Sq m detached property set back from the main road behind electric gates
Location - The property is ideally located approximately 0.5 miles to the Town Centre and 0.8 miles to Purley Rail Station
Description - Freehold investment opportunity For Sale comprising a modern detached block of four apartments configured and run as a licensed HMO predominantly let to the local authority for emergency housing.
15 Bedrooms, 1 office, 4 kitchens & 10 bathrooms (6 en suites)
Please note that the property is licensed as 12 bedroom - 20 person
We are informed by the seller that the income produced when fully let is approximately £16,000 pcm
Services - Four separate sets of services (Christopher St James have not checked)
Terms - Offers in excess of £1,750,000
Viewing - Contact Sole Agents Christopher St James on[use Contact Agent Button]
Other - Disclaimer: CSJ, our clients and any joint agents give notice that:
1) They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2) Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building, regulation or other consents and CSJ have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.