Investment For Sale, Croydon

Key Features

• Unbroken Freehold Residential Investment
• Modern development of 3 self-contained flats (2 x 2-bed and 1 x 1-bed)
• Fully let on assured periodic tenancies producing a gross rental income of £49,931 per annum
• Estimated Rental Value (ERV): £51,600 per annum
• Site area extends to approximately 0.041 hectares (0.101 acres)
• Located on Outram Road in Croydon, approximately 15 minutes' walk from East Croydon Station.
• Offers are invited in excess of £665,000 for the freehold interest subject to the existing tenancies. A purchase at this reflects a gross yield of 7.50%.

Description

Location