Enquire Now
1
/4
Key Features
Unbroken Freehold Residential Investment
Detached purpose-built block of 12 flats (11 x 2-bed and 1 x 1-bed)
Fully let on assured periodic tenancies producing a gross rental income of £200,806 per annum
Estimated Rental Value (ERV): £216,300 per annum
Site area extends to approximately 0.18 hectares (0.44 acres)
Sustainable commutable location with access to bus services to East Croydon and walking distance from South Croydon
1.5 miles from Croydon town centre
Offers are invited in the excess of £2,650,000 for the freehold interest subject to the existing tenancies. A purchase at this level reflects a gross yield of 7.58%.
