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Key Features
Fully let and income-producing freehold residential investment comprising part new build and part extended/converted block consisting of 16 modern apartments and 3 car parking spaces.
Combination of studios, one-bed and two-bed apartments.
Established Croydon location with access to local retail, leisure and transport amenities, supporting strong private rental demand.
Completed in 2020.
All units have EPC ratings ranging from B to C.
Fully let on assured periodic tenancies, producing a gross income of £249,660 per annum.
Seeking offers IRO £3,800,000 for the Freehold interest, subject to contract and the existing tenancies. A purchase at this level reflects a gross yield of 6.57%.
